Funding round
PolarDC Growth
Reported as "Growth Equity"
PolarDC, which works in AI infrastructure development in London, raised $932M in a Growth round announced on 1 Jun 2026.
$932M
Amount raised
800,000,000 EUR converted
Not disclosed
Post-money valuation
Valuation
What this round says about the price
PolarDC did not disclose a valuation in this round. It is PolarDC's first venture round on record, 4 years after it was founded in 2022. No later venture round is on record for PolarDC.
PolarDC's funding rounds
This is the only venture round on record for PolarDC.
- Buyout not a venture round 7 Oct 2024, led by H.I.G. Capital $550M
- Growth this round 1 Jun 2026 $932M
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
10 Growth rounds in Data Solutions within a year either side disclosed an amount; the median was $653M, and this round was 1.4 times the median. The closest in time, other companies' Growth rounds in Data Solutions:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Data Solutions | 21 Jul 2026 | $17M | not disclosed | CIBC Innovation Banking |
| Data Solutions | 28 Aug 2026 | $306M | not disclosed | not named |
| Vantage Data Centers Data Solutions | 15 Sep 2026 | $2.00B | not disclosed | not named |
| Nxtra Data Solutions | 30 Mar 2026 | $1.00B | $3.10B | Alpha Wave Global and Carlyle |
| Global Technical Realty Data Solutions | 7 Jan 2026 | $1.90B | not disclosed | not named |
| Data Solutions | 3 Dec 2025 | $28M | not disclosed | not named |
| Data Solutions | 9 Dec 2025 | $4.2M | not disclosed | not named |
| Data Solutions | 30 Oct 2025 | $230M | not disclosed | Columbia Capital |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did PolarDC raise in its Growth round?
PolarDC raised $932M in its Growth round, announced in Jun 2026.
What was PolarDC's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Data Solutions?
10 Growth rounds in Data Solutions within a year either side disclosed an amount; the median was $653M, and this round was 1.4 times the median.