Bamboo Systems secures $7m in funding led by Seraphim Capital and Opea Holding
The funding round was led by Seraphim Capital and Opea Holding to support research and development and go-to-market efforts.
Bamboo Systems is a server vendor providing Arm-based server architecture designed for modern software needs. The firm delivers high performance compute solutions focused on energy and space efficiency.
Bamboo Systems has raised $7m in a new funding round led by Seraphim Capital and Opea Holding, with additional participation from the UK Government Future Fund. The capital will be directed towards research and development and expanding market reach as demand for Arm-based server technology grows.
The company has recently introduced its B1000N Series of servers, which aim to offer significant cost, energy, and space savings compared to traditional hardware. Backers note that this investment arrives amid increasing industry interest in Arm architecture from major technology firms.
From the founder
"We are so pleased that Seraphim Capital and Opea Holdings are continuing to invest in Bamboo with another strong show of support for our unique server architecture,"
Tony Craythorne
Chief Executive Officer at Bamboo Systems
Investor perspective
"We are delighted to continue to support Bamboo Systems at a time when interest in Arm servers has never been higher. With the likes of AWS, Apple and now Nvidia betting big on Arm, we believe now is the moment for Arm servers to make a major impact on the $80 billion server market,"
James Bruegger
Managing Partner, Seraphim Capital
Use of funds
- 01Fund research and development
- 02Accelerate go-to-market
Investors
Categories
About the company
Bamboo Systems
Bamboo Systems designs Arm-based servers that reduce energy consumption and rack space.