📝 Skeleton Technologies raises $39M

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Skeleton Technologies has raised $39 million in the first close of a major funding round, bringing its total venture capital to $460 million as the Tallinn-based firm prepares for a 2027 initial public offering in the United States. Utilizing patented Curved Graphene and supercapacitor technology, Skeleton provides critical power solutions that can reduce AI data center energy consumption by 40% while simultaneously boosting computing power by 40%. The round adds strategic investors like Taiwania Capital and Axon Partners Group, strengthening the company's ties to the Taiwanese chip industry and the global AI supply chain. Unlike traditional energy systems, Skeleton’s products do not rely on scarce materials like lithium or cobalt, offering a resilient and sustainable "energy backbone" for mission-critical infrastructure ranging from space exploration to frontline defence. With existing manufacturing facilities in Germany and Finland, the company plans to use the new capital to expand its production footprint into the United States to better serve the surging demand from global hyperscalers. This expansion is designed to solve the "power bottleneck" currently limiting the growth of high-density AI computing, positioning Skeleton’s GrapheneGPU as a vital tool for enabling the next generation of energy-efficient, high-performance data centers.

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