Participated · Debt Financing · Aug 2026

DataVita operates and develops data center campus assets in the UK, including DV1 (operated since 2016) and a smaller DV2 site in Glasgow offering 130 racks across 1,000 sqm. The company acquired DV1 in 2021 with £45m of owner support and was built originally by HFD Group in 2021. It is expanding DV1 and building a new DV3 facility in the North Lanarkshire AI Growth Zone, with all capacity from both buildings contracted to CoreWeave under a 15-year lease. Last year CoreWeave announced deployments of Nvidia GPUs into DataVita data centers, and management states the first facility from the current program is due to complete this year. The company has secured project-level debt financing and a National Wealth Fund-backed guarantee to underwrite the current build-out.

Participated · Debt Financing · Aug 2026

Flexential offers customizable IT and data center solutions for high-density computing needs, delivering services including colocation, cloud, interconnection, data protection, and professional services through its FlexAnywhere® platform. The company operates 40 data centers across 18 highly connected markets on a scalable 100+ Gbps private network backbone. Flexential positions its offerings to meet stringent security, compliance, and resiliency requirements for complex enterprise customers. The company is expanding capacity to meet growing enterprise and AI-driven demand and is investing ahead of customer needs. Its recent $800 million credit facility, supported by an 11-bank syndicate and equity sponsors GI Partners and MSIP, will fund more than 130 MW of new capacity across four key markets. Ongoing projects named in the financing include facilities in Atlanta-Douglasville, Portland-Hillsboro, Denver-Parker, and an expansion near Atlanta-Norcross.

Participated · Debt Financing · Jul 2026

Nebius builds and operates data centres packed with GPUs and offers access plus specialised software to AI and enterprise customers. It positions itself as a neocloud provider supplying AI compute at scale and has secured multi-billion-dollar contracts with Meta and Microsoft. In May it acquired Eigen for about $643m in cash and stock to improve performance of open-source AI models. To finance further expansion, Nebius is issuing $4.5bn of convertible notes, earmarked for data-centre build-out, AI cloud investment and GPU purchases. The deal structure comprises two tranches due in 2030 and 2034, reflecting significant near- and medium-term capital needs.

Participated · Series D · Jun 2026

Nearfield Instruments designs next-generation scanning probe microscopy systems and the proprietary QUADRA platform to deliver in-line 3D nanometer-scale metrology and non-destructive, high-throughput atomic force microscopy (AFM) with full 3D imaging capabilities. Its systems target critical measurements including sidewall metrology for high-aspect-ratio trenches, GAA recesses, vias, multi-layer stacks, High-NA EUV, CFET architectures, and hybrid-bonded 3D integration. The company emphasizes automation, fast measurement cycles, and compatibility with fab standards for integration into high-volume manufacturing environments. Nearfield works closely with leading semiconductor manufacturers and research partners and operates R&D and support activities across multiple Asia-Pacific and Western markets. The company employs about 450 people and was founded in 2016 as a spin-off from TNO, headquartered in Rotterdam. Following the $380 million Series D at a $1.6 billion valuation, Nearfield plans to expand production capacity, global customer support, Applications Centers of Excellence, and collaborative R&D with chipmakers.

Participated · Series C · Sep 2025

Fnality International is building a global settlement network that uses distributed ledger technology (DLT) to connect established wholesale markets with emerging institutional tokenized assets. Its flagship offering, the Sterling Fnality Payment System (launched in the U.K. in December 2023), provides 24/7, central-bank-backed cash rails for real-time delivery-versus-payment of tokenized securities, payment-versus-payment foreign-exchange settlement, and on-demand repo transactions. Fnality’s platform leverages ‘earmarking’ to secure settlement while optimizing liquidity management across participants. The company works closely with central banks and major financial market infrastructures to ensure regulatory compliance and interoperability with innovations such as stablecoins and tokenized deposits. Near-term plans include extending the network to additional major currencies and enhancing liquidity tools to support a broader digital-asset ecosystem. By fusing decentralized finance operational efficiencies with traditional finance capital efficiency, Fnality aims to become a foundational pillar of the next-generation financial market infrastructure.