Auradine Secures $153 Million in Series C Funding for Bitcoin and AI
Auradine, a company specializing in hardware for bitcoin mining and AI applications, raised $153 million in a Series C funding round. This brings their total funding to $300 million.
Key points:
- The funding round was led by StepStone Group.
- Participants included bitcoin miner MARA, Maverick Silicon, Samsung Catalyst Fund, and Qualcomm Ventures.
- Auradine established AuraLinks AI to develop open-standards for cooling next-gen AI data centers.
- AI data centers share operational requirements with bitcoin mining, highlighting their interconnectedness.
- CEO Rajiv Khemani emphasized the importance of combining Bitcoin and AI infrastructure.