TechFlow News, April 14: According to Bloomberg, citing sources familiar with the matter, cloud computing startup Fluidstack is in funding negotiations with investors to raise approximately $1 billion, targeting a valuation of $18 billion. The sources indicated that this round aims to accelerate Fluidstack’s business expansion and further solidify its market position in distributed cloud computing and Web3 infrastructure.
Fluidstack focuses on decentralized cloud computing services, dedicated to delivering efficient and cost-effective computing power for blockchain projects and the cryptocurrency ecosystem. If this financing round is successfully completed, it will help strengthen Fluidstack’s R&D capabilities and expand its global business footprint.
