At a $30 million valuation, the technology startup PlanckDOT, which specialises on edge data centres, secured $350K in its bridge round.
The purpose of this funding infusion is to strategically support PlanckDOT's ongoing growth of Quanta AI, a game-changer that serves the growing need for data centres to host generative artificial intelligence (AI) applications.
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Shishir Miglani , Co-founder of PlanckDOT, commented, "Securing this initial investment in our bridge round is a testament to the confidence investors have in the potential of our technology. We are incredibly grateful for their support as we continue to push the boundaries of what is possible in the realm of Quanta AI."
The company specialised in building dependable, carbon-neutral Edge and Hyperscaler data centres.
Ali Ahmed Saleem, Co-founder and CFO of PlanckDOT Technologies said, "This influx of capital will enable us to accelerate the development of our Quanta AI platform, bringing us one step closer to realizing our vision of harnessing the power of sustainable edge data centers."
About PlanckDOT
PlanckDOT is building the global backbone of sustainable digital infrastructure. They specialise in facility automation and network exchanges. Its products and tools guarantee networks operate smoothly and pro-actively.
Founded by Shishir Miglani and Ali Ahmed Saleem, PlanckDOT is building the global backbone of sustainable digital infrastructure. They specialise in facility automation and network exchanges. Its products and tools guarantee networks operate smoothly and pro-actively.
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