VivoPower raises $30M in PIPE to expand AI data center portfolio

3 days ago 5

Proactive

Thu, February 12, 2026 astatine 7:50 AM CST 1 min read

VivoPower raises $30M successful PIPE to grow AI information halfway portfolio

VivoPower International PLC (NASDAQ:VVPR, FRA:51J) said it has completed a $30 cardinal strategical backstage concern successful nationalist equity (PIPE) to enactment the enlargement of its AI-focused information halfway infrastructure business.

The concern was structured arsenic convertible penchant shares with a conversion terms of $6.80 per stock and a 6% yearly payment-in-kind (PIK) coupon.

Investors successful the PIPE see New York-based Blue Sky Capital, described by the institution arsenic an aboriginal capitalist successful AI information centers globally, arsenic good arsenic sovereign household offices from the Gulf Cooperation Council region. VivoPower president Kevin Chin besides participated successful the financing.

VivoPower said the proceeds volition beryllium chiefly utilized to standard its high-performance AI information halfway portfolio and for wide moving superior purposes.

The institution said the $6.80 conversion terms and 6% PIK coupon bespeak semipermanent alignment with its “Sovereign AI” strategy, nether which it aims to spouse with sovereign nations and hyperscale operators to make sustainable information halfway infrastructure.

Founded successful 2014 and listed connected Nasdaq since 2016, VivoPower is simply a B Corp-certified developer and proprietor of powered onshore and information halfway infrastructure. The institution operates crossed the United Kingdom, Australia, North America, Europe, the Middle East and Southeast Asia, and positions itself arsenic an autarkic spouse for sovereign nations seeking to clasp power implicit power, information and nationalist quality infrastructure.