EdgeMode, Inc. develops energy and AI data center infrastructure for high-performance computing workloads. The company’s updates center on AI-ready data center campuses, integrated power infrastructure, and a development-to-ready-to-build model that secures land and power, advances permitting and Tier 3 design, and monetizes projects through sale or selective joint venture.
Recent announcements have focused on its Spanish development platform, including multi-gigawatt data center capacity, the BAIF joint venture, site-specific feasibility work, and on-site energy approaches such as solid oxide fuel cell microgrids, hydrogen-ready systems, carbon capture, solar, and battery storage. EdgeMode news also includes OTC market-quotation matters under Rule 15c2-11, board appointments, and responses to market-facing research.
EdgeMode (OTC: EDGM), an AI data infrastructure company, has signed a three-year Memorandum of Understanding (MoU) with Marviken ONE AB to enhance data center and energy storage capabilities in Marviken, Sweden.
The strategic collaboration aims to increase grid connection capacity and integrate battery energy storage systems (BESS). MarvikenONE will provide access to BESS assets and Energy Management System (EMS), while EdgeMode will focus on securing strategic data center clients interested in BESS integration.
The partnership focuses on developing sustainable infrastructure solutions for AI and HPC workloads, with funding for specific projects to be determined case-by-case.
EdgeMode (OTC:EDGM) and Vertical Data have signed a Memorandum of Understanding to jointly develop and market a 20-megawatt AI-optimized data center in Sweden. The collaboration combines EdgeMode's Marviken Smart Energy Cluster, featuring 95 MW of renewable power and immersion cooling capabilities up to ~180 kW/rack, with Vertical Data's AI infrastructure expertise and GPU financing solutions.
The partnership aims to deliver a comprehensive solution integrating renewable-powered infrastructure, AI hardware supply, and flexible financing options through GPUFinancing.com. The facility will cater to global AI and HPC customers seeking sustainable, scalable compute capacity. The companies will immediately begin joint marketing activities, though the MOU remains non-binding pending definitive agreements.
EdgeMode (OTC: EDGM) has signed a non-binding term sheet for a $4 million convertible note financing to support infrastructure development and growth initiatives. The funding will facilitate the acquisition of Blackberry AIF and development of Swedish digital infrastructure sites, expected to increase the company's asset base by $140 million.
The proposed convertible note terms include an 8% annual interest rate, 12-month maturity, and conversion rights after 180 days at a 35% discount to market price. EdgeMode maintains prepayment options at 120-125% premium, with investor restrictions on short selling. The company targets a $1 billion enterprise valuation as sites become operational.
Oculis Holding AG (Nasdaq: OCS), a global biopharmaceutical company specializing in ophthalmic and neuro-ophthalmic diseases, has announced its participation in several upcoming investor conferences in May 2025.
The company's leadership team, including CEO Riad Sherif, MD and CFO Sylvia Cheung, will present at four major conferences: Bio€quity Europe in Bruges, Bank of America Healthcare Conference in Las Vegas, H.C. Wainwright Annual BioConnect at Nasdaq in New York, and Stifel Virtual Ophthalmology Forum. One-on-one meetings with investors will be available during these events.
Webcast links for the presentations will be accessible on the Events & Presentation page of the Oculis website under the Investors & Media section.EdgeMode (OTC: EDGM) has acquired Synthesis Analytics Production Ltd. (SAPL), now rebranded as EdgeMode Europe, in a strategic move to expand its AI and high-performance computing data center operations. The acquisition includes a 95-megawatt power purchase agreement in Sweden, a long-term data center facility lease, and 20,000 square meters of expansion land.
The company is constructing a 20-megawatt HPC facility in Marviken, Sweden, with initial power delivery expected this quarter, followed by a 75-megawatt second phase. The site has potential to exceed 300 megawatts within five years. The deal also includes proprietary immersion cooling and heat exchange technologies. Former SAPL CEO Dr. Niclas Adler joins as CTO and board director. EdgeMode has secured its first client, Cudo Ventures.
EdgeMode Inc. (OTCQB:EDGM) has announced its agreement to acquire Synthesis Analytics AB, marking its entry into the AI data center colocation industry. The acquisition includes a 20,000 m² land freehold in Sweden with 20 MW power capacity. EdgeMode has secured 45 MW of sites for immediate development, reducing Time to Power for AI Compute tenants to less than six months.
Key highlights:
- 100% renewable energy supply
- Proprietary immersion cooling technology
- 400 MW pipeline
- 3 months Time to Power for initial 20 MW
- 1100 sqm data center facilities with cooling infrastructure
The acquisition is expected to complete before the end of 2024. EdgeMode focuses on providing edge compute solutions through low-latency colocation in dense urban areas. The company plans to expand to multiple international locations in 2025 and beyond.