Layer 9 closed a Series A investment led by a 'consortium of industry veterans', including LBS Power, but did not share the amount raised.

“We are privileged to announce the closing of our highly anticipated Series A equity financing, which was oversubscribed and backed by a highly accredited investor group within the digital infrastructure sector, including LBS Power. With this capital, we look to launch our entry into Latin America, providing hyperscale data center solutions within Mexico for cloud service providers,” said Layer 9 CEO Michael Ortiz.

Check here: 3.5 million m² of industrial buildings were leased in the country during the first half of 2022

The company plans to use the proceeds from this Series A investment to secure the necessary critical infrastructure and land to support the development of the data center. Two 32MW shell buildings with turnkey data center array capacity in the Bajío region of Mexico in late summer 2023.

Of interest: Half of the country's industrial markets with vacancy rates below 2%

Layer 9 Data Centers' so-called Falcon project is divided into two phases, each with 32MW capacity. According to the company, the resources raised so far are enough to cover the purchase of land, power purchase agreements (PPA) and part of the critical infrastructure for most of the works.

The projected capacity is double that of Odata's QR01 hyperscale site, considered the largest project of its kind to date in Mexico. Its first phase came online last month with 8.4MW of installed capacity.

In Solili you can consult industrial warehouses available in Ciudad de México, Querétaro and Guanajuato 

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