
Oxylabs Secures $130M to Grow AI Web Data Infrastructure
Lithuanian web data firm Oxylabs has raised $130 million from Warburg Pincus, a deal that values the company at $3.6 billion and signals rising demand for real-time AI data.
AfroEuropa Newsroom
AfroEuropa desk
Lithuania-based Oxylabs has secured $130 million in new funding from private equity firm Warburg Pincus, according to reporting by Ventureburn. The transaction values the company at $3.6 billion and represents the first external capital the business has taken on since it was founded in 2015. The money was provided through the Warburg Pincus Capital Solutions Founders Fund.
For African and European technology markets alike, the deal underscores how demand for real-time internet data is becoming a core input for artificial intelligence systems. As businesses across the Africa-Europe corridor build AI tools that depend on current, large-scale web information, infrastructure providers positioned between raw data and AI applications are drawing significant investor attention.
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