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Switch Launches $2B Private Funding Round Led by a16z, Eyes $500B Valuation

2026-07-02 12:01:10

GS-0.05%

According to Bloomberg, data center operator Switch announced a $2 billion private funding round led by a16z. The funding values Switch at approximately $500 billion including debt, with equity value at around $190 billion, sources said. a16z will invest roughly $400 million, while Goldman Sachs and JPMorgan are also facilitating the round. The capital injection may prepare Switch for an initial public offering as early as next year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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