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StocksMediumUpdated•Originally published 16 April 2026•Updated 17 April 2026•

1 min read

Gorilla Technology Secures FCA Approval for Shackleton Finance Acquisition to Fund AI Projects

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Key Facts

1Gorilla Technology Group (NASDAQ: GRRR) increased its strategic investment in India-based Astrikos.AI.

about 2 months ago

Version History

Version 1about 2 months ago

What changed: The story was updated to include Gorilla Technology receiving FCA approval for the acquisition of Shackleton Finance, enabling non-dilutive project funding via Gorilla Tech Capital.

Gorilla Technology Group (NASDAQ: GRRR) has received approval from the UK Financial Conduct Authority (FCA) to acquire Shackleton Finance, marking a pivotal step in launching its investment arm, Gorilla Tech Capital. Shackleton will serve as a UK-authorized Alternative Investment Fund Manager (AIFM), enabling Gorilla to structure Special Purpose Vehicles (SPVs) for non-dilutive project funding. This regulatory milestone complements Gorilla's recent increase in its strategic investment in India-based Astrikos.AI to bolster AI infrastructure across the USA, India, and the UAE. By leveraging this new financial structure, the company aims to accelerate its global project pipeline in network intelligence and data security. The acquisition signals an aggressive move toward vertical integration while optimizing capital efficiency. This development reinforces Gorilla's commitment to scaling its high-growth artificial intelligence ecosystem globally.