Auradine, a producer of hardware for bitcoin (BTC) mining and artificial intelligence (AI) solutions, has announced that it successfully secured $153 million in a Series C funding round.
Headquartered in Silicon Valley, California, the company has also established a new division named AuraLinks AI, which is dedicated to creating open standards aimed at fulfilling the cooling needs of advanced AI data centers.
Both AI data centers and BTC mining exhibit similar operational demands. With the increasing adoption of AI in everyday applications in recent times, discussions about data centers have become prevalent in public forums. This convergence is particularly important for the cryptocurrency sector, as numerous aspects related to AI data centers can also benefit bitcoin mining operations.
“By focusing simultaneously on Bitcoin and AI infrastructure, Auradine positions itself at the crossroads of transformative technologies that are set to redefine computing and energy efficiency for years to come,” said CEO Rajiv Khemani in an official statement.
This funding round has increased Auradine’s total investments to $300 million, led by StepStone Group and supported by contributions from the bitcoin miner MARA, along with Maverick Silicon, Samsung Catalyst Fund, Qualcomm Ventures, among others.
