Hyperscale Data Announces Transaction with Yorkville
Summary
Hyperscale Data has secured a $15 million prepaid advance from Yorkville to support development of its Michigan data center campus and general corporate needs. The agreement also gives Yorkville the right to offset outstanding amounts by purchasing Hyperscale Data stock under specified pricing terms. Hyperscale Data positions itself as a data center and hosting provider for AI and digital asset operations, with a planned divestiture of ACG in 2027. The transaction strengthens near-term liquidity and supports continued buildout of infrastructure tied to AI and high-performance computing.
Funding
Amount
$15.0M
Total raised
Date
June 11, 2026
Announcement date
Investors
-
Lead investors
Company
https://hyperscaledata.com
Funded company
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