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IREN Limited secures $363 million financing for its AI compute business, supporting high-density data center assets. The financing was completed with Wingspire Equipment Finance.

PUBLIC · IRENOct 28, 2026

Amount Raised

$363 Million

Round Type

Debt Financing

SydneyInformation TechnologyEnergySoftwareArtificial IntelligenceMachine Learning

Investors

Wingspire Equipment Finance

Description

IREN Limited has announced the closing of a $363 million equipment financing transaction aimed at enhancing its AI compute business. This agreement refinances recently acquired, revenue-generating AI compute infrastructure. The funding involves GPU-based servers and networking systems deployed in high-density data center environments. Wingspire Equipment Finance completed the transaction with a group of six lenders.

Quick answer

IREN raised $363 Million in a Debt Financing round, dated October 28, 2026. Investors: Wingspire Equipment Finance. IREN is based in Sydney, New South Wales, Australia.

How much did IREN raise?
IREN raised $363 Million in a Debt Financing round on October 28, 2026.
Who invested in IREN?
Wingspire Equipment Finance is named as investors in this round.
What does IREN do?
IREN is an Australia-founded company focusing on AI cloud services.
Where is IREN based and how big is it?
IREN is based in Sydney, New South Wales, Australia.
Who are the decision-makers at IREN?
Fundz holds 5 contacts at IREN, including the Co-Founder & Co-CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Software around the same time

Companies in the same sectors as IREN that raised within 45 days of this round, from Fundz verified event records.

  • Lumilab raised an undisclosed amount (Pre-Seed) on October 20, 2026.
  • Efficient Computer raised $97M (Series B) on September 29, 2026.
  • Qvyon Technologies raised $8M (Seed) on November 12, 2026.
  • mistEO raised $1.9M (Seed) on November 12, 2026.
  • Kindo raised $30M on November 12, 2026.
  • Axle raised $9M on November 12, 2026.

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Company Information

Company

IREN

Location

Sydney, New South Wales, Australia

About

IREN is an Australia-founded company focusing on AI cloud services. It has been transforming into a vertically integrated AI infrastructure provider. The company is known for its strategic shifts from Bitcoin mining to AI-related services. IREN aims to scale up its AI cloud capacity significantly by 2026.

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Related People

5 contacts
Verified contactsWill R., Co-Founder & Co-CEO hidden hidden hiddenSee plans and pricing
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