DATE

March 23, 2021

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3Red8 is an open-access, US transcontinental fibre network, spanning East-West from the Pacific to the Atlantic and North-South from Canada to Mexico. The network is a diverse, resilient network with over 6000 fibre strands in each route, seeking to provide a new internet backbone, while solving the broadband access and digital divide for Tribal and Rural communities.

Inachus Ventures has been engaged by 3Red8 Inc. (www.3Red8.com) to advise and assist in the ongoing capital raise of both debt and equity for this Multi-Billion Dollar Infrastructure project.

Leveraging next-generation data and fibre technologies, 3Red8 will create sustainable impact for the communities and customers they serve.

The firm will focus deployment of funds to close investments in the target markets of Telecommunications, IoT/Smart Cities, OTT, ISP, Autonomous Vehicles/Drones and Federal Government/Military.

The engagement will see Inachus Ventures advising 3Red8 through equity, debt and vendor financing for the initial phase of the project and will provide funds for the network plan, design and permitting, launch, operations scale, and impact development.