Duos Technologies Group Closes $55M Registered Direct Offering

Funding Rounds

▤ Summary

Duos Technologies Group closed a $55 million registered direct offering with a single institutional investor. The company plans to use the net proceeds to expand and commercialize its edge data center business. It also intends to apply the capital to working capital and general corporate purposes. The release frames the financing as support for broader growth in modular data center and AI-oriented infrastructure offerings.

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Amount $55.0M Total raised
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Date June 17, 2026 Announcement date
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Investors - Lead investors
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Company duostech.com Funded company

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