Auradine, an American startup specializing in web infrastructure and Bitcoin mining, announced it has successfully raised $80 million in a Series B funding round, surpassing its initial goal of $70 million due to high investor demand. The funding round saw participation from notable investors including StepStone Group and Marathon Digital. Founded in 2022, Auradine has made significant strides in the Bitcoin mining industry, notably with the launch of the Teraflux Bitcoin mining machine in November last year. This latest funding is aimed at accelerating the production of Bitcoin mining rigs, specifically the Teraflux model, as the company prepares for the upcoming Bitcoin halving event.
Auradine Raises $80 Million, Doubling Down on Teraflux #Bitcoin Mining Rig Expansion https://t.co/VYpJKuJYYy
Auradine Secures $80 Million in Series B to Accelerate #Bitcoin Mining Rig Production https://t.co/VYpJKuJYYy
JUST IN: #BITCOIN MINING MACHINE COMPANY, AURADINE, RAISES $80 MILLION IN SERIES B ROUND
American bitcoin mining machine company Auradine raised US$80 million in Series B financing, with participation from StepStone Group, Marathon Digital and others. The company was founded in 2022 and launched the Teraflux Bitcoin mining machine in November last year.…
💸 #Auradine a startup specializing in web infrastructure and #Bitcoin mining, successfully raised $80 million in a Series B funding round, surpassing its initial goal of $70 million due to high investor demand.
Bitcoin miner manufacturer Auradine raises $80 million Series B ahead of halving https://t.co/dF437JWXXY