DataVita lands £25M loan to build AI capacity for CoreWeave
What's the deal? Scottish data centre operator DataVitaDealroom has a profile for this one. Try Dealroom → has secured a £25m loan from digital bank OakNorthDealroom has a profile for this one. Try Dealroom → to expand its flagship site outside Glasgow. The debt financing has kick-started construction of new AI-ready computing capacity.
Who's it for? The expanded facility will host infrastructure for US cloud provider CoreWeave. DataVita said the buildout will significantly increase the AI capacity of Scotland's digital infrastructure.
What's the endgame? Founded in 2014, DataVita operates two data centres in Scotland serving public and private customers, including NHS bodies, universities, and local businesses. William HillDealroom has a profile for this one. Try Dealroom →, chief executive of parent company HFD GroupDealroom has a profile for this one. Try Dealroom →, called the expansion "a significant milestone" that "reinforces Scotland's position as an emerging destination for AI and cloud infrastructure."
Why now? Demand for high-performance data centre capacity keeps climbing as AI workloads grow. "Demand for secure, resilient, high-performance data centre capacity continues to grow, and this investment will enable us to support that demand," Hill said.
The signal: Investment is spreading beyond traditional data centre hubs toward regions with power, land, and renewable energy. "Scotland is particularly well placed to benefit from this shift, combining strong digital connectivity with abundant renewable energy," said Fraser McPhail, senior director of debt finance at OakNorth.
Read more: UKTN
Image credit: U.S. Army Combat Capabilities Development Command
