Skeleton Technologies has secured a strategic investment from Taiwania Capital, Taiwan’s largest VC, to scale its power solutions for AI data centres.
Tallinn-based Skeleton Technologies has announced a strategic investment partnership with Taiwania Capital, Taiwan’s largest venture capital firm, to strengthen resilient AI infrastructure across Europe, Taiwan, and beyond. According to Bloomberg, the round is valued at €31M and brings Skeleton’s total venture capital funding to €390M.
The announcement, made on 28 February 2026, comes as the AI industry faces a growing constraint that has little to do with chips or software: power. As AI workloads become increasingly energy-intensive, reliable access to electricity — and the infrastructure to manage it efficiently — is emerging as a critical bottleneck for data centre operators worldwide. Estonia is also tacking this problem domestically, eyeing a solar-powered data centre.
For Skeleton, the investment accelerates its industrial scale-up and supports expansion into global AI infrastructure markets, including Europe and North America. Photo: Skeleton Technologies
Skeleton Technologies, which specialises in mission-critical power solutions for AI data centres and electric grids, argues that AI sovereignty can no longer be defined by compute capacity alone.
AI products with Estonian roots from Skeleton
The company’s flagship product, GrapheneGPU, is designed for high-density AI computing environments and claims a 40% reduction in energy consumption alongside a 40% increase in computing power. Crucially, Skeleton’s technology is built on European and transatlantic supply chains and avoids lithium, cobalt, nickel, and other contested critical raw materials — to hedge against the supply chain vulnerabilities.
Taiwan’s role in this partnership goes beyond providing capital. The island is the backbone of the global AI hardware supply chain, home to advanced semiconductor manufacturing, electronics integration, and systems engineering. Taiwania Capital CEO David Weng framed the deal as a bridge between Skeleton’s energy solutions and Taiwan’s data centre supply chain ecosystem.
“Taiwan acts as the global hub for the AI data center supply chain, while Europe is a powerhouse of deep-tech innovation,” Weng said.
For Skeleton, the investment accelerates its industrial scale-up and supports expansion into global AI infrastructure markets, including Europe and North America. CEO Taavi Madiberk positioned the partnership as part of a broader ambition to make Europe a global leader in AI infrastructure. “Europe’s ambition in AI should be nothing less than global leadership in building the infrastructure that powers it,” he said.
The announcement was attended by the Taiwanese Representative in Estonia and a member of the Estonian Parliament.
Are you interested in trading with Estonia? Enterprise Estonia provides sourcing services for foreign enterprises. Contact Estonian export advisors or use our free e-consulting service to start trade with Estonia.
