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

Key Facts

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.