SWI Group Raises €800M at €6.1B Valuation for AI Compute Push
Amsterdam – October 12, 2026 -- Euronext Amsterdam-listed SWI Group (SWICH) has raised €800 million from institutional investors at a final valuation of €6.1 billion, lifting total equity raised since March 2026 to more than €1 billion.
New share series lift capital base to 558,399,385 ordinary shares
SWICH is issuing the new ordinary shares in several series. The total share capital rises to 558,399,385 ordinary shares after the transaction.
Proceeds fund data center and AI compute build-out in Europe and the US
The company will use the proceeds to develop and scale its data center and AI compute capacity. Spending covers power infrastructure, compute deployments and its development pipeline on both sides of the Atlantic. SWI describes the raise as a step in consolidating its transatlantic digital infrastructure and AI compute platform.