Auradine raises $153M, debuts business group for AI data centers

Auradine, a Silicon Valley-based startup that specializes in equipment for AI data centers and Bitcoin mining, has announced a raise of $153 million in a Series C funding round. The new capital will go to increasing the company’s product suite of infrastructure for AI and blockchain technology. The Series C round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, and others. Auradine said the round was oversubscribed but did not disclose by how much or at what valuation the funds were raised source: https://cointelegraph.com/news/auradine-raises-153m-debuts-new-business-group-for-ai-data-centers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound