Bitcoin Miner Auradine Raises $153M to Expand into AI Data Centers

Auradine Raises $153M in Series C Funding to Expand Bitcoin Mining and AI Infrastructure Solutions

  • Bitcoin mining equipment maker Auradine secures $153 million in Series C funding, bringing its total investment to $300 million.
  • The company launches AuraLinks AI, a new business division focused on cooling solutions for next-generation AI data centers.
  • Auradine’s dual focus on Bitcoin and AI infrastructure positions it at the intersection of technologies that share similar operational requirements.

Auradine, a Silicon Valley-based manufacturer of computing equipment for bitcoin mining and Artificial Intelligence applications, has secured $153 million in Series C funding, the company announced. This latest investment round was led by StepStone Group, with additional participation from bitcoin miner MARA, Maverick Silicon, Samsung Catalyst Fund, Qualcomm Ventures, and other investors.

- Advertisement -

Alongside the funding announcement, Auradine revealed the formation of AuraLinks AI, a new business group dedicated to developing open-standards cooling systems for next-generation AI data centers. The company’s total funding now reaches $300 million following this investment round.

Converging Technologies: Bitcoin Mining and AI

The company highlighted the operational similarities between AI data centers and bitcoin mining facilities, noting that both require similar infrastructure solutions. This convergence has become increasingly relevant as artificial intelligence has gained mainstream adoption, bringing data center technologies into public discourse—a development that carries significance for the cryptocurrency industry.

“Our dual focus on Bitcoin and AI infrastructure places Auradine at the intersection of pivotal technologies that will reshape computing and energy utilization for decades to come,” said Rajiv Khemani, CEO of Auradine, in a statement regarding the funding.

Strategic Investment Partners

The funding round demonstrates continued investor confidence in technologies supporting both cryptocurrency and artificial intelligence infrastructures. StepStone Group led the financing, while bitcoin mining company MARA, which had previously invested in Auradine, contributed additional capital.

- Advertisement -

Other investors participating in the round included technology-focused firms such as Maverick Silicon, Samsung Catalyst Fund, and Qualcomm Ventures, reflecting a broad base of support from established technology investors.

The formation of AuraLinks AI represents Auradine’s strategic expansion into addressing the growing cooling requirements for advanced computing applications, leveraging the company’s experience in designing systems for the heat-intensive operations common to both bitcoin mining and AI processing.

AI Battle and Gaming PC with RTX 3090

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

House Democrats Divided on Crypto Votes Amid Trump Conflict Claims

House Democrats are divided on upcoming votes for two major crypto bills. Some Democrats are...

International Meme Fund Hits $55M Deposits as Memecoin Craze Surges

International Meme Fund now holds over $55 million in user deposits, growing 180% in...

Congress Considers Key Crypto Bills as Bitcoin Hits All-Time Highs

U.S. lawmakers in the House of Representatives are entering a major policy week focused...

Bitcoin VC Fund Launches, Robinhood Soars, CoreWeave Buys Miner

Crypto and blockchain startups raised $10 billion in venture capital during the second quarter. Ego...

Presearch Launches AI Upgrades, Coinbase Deal, 47% Revenue Jump

Presearch reports a 47% revenue increase from Q1 to Q2 and ongoing investment activity...

Must Read

What Is Binance Earn?

As someone who is passionate about cryptocurrency, I am always on the lookout for new opportunities to grow my portfolio. That's why I was...