What does Auradine do?
Auradine develops energy-efficient solutions for blockchain and AI infrastructure, offering a comprehensive range of software, hardware, and cloud services designed to enable scalable and sustainable deployments.
How much did they raise?
The company secured $153m in its Series C funding round, led by StepStone Group with participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, and GSBackers, bringing its total capital raised to over $300m.
What are their plans for the money?
Auradine plans to invest the new funds in expanding its product portfolio and launching AuraLinks AI, a new business group focused on open-standards based networking solutions to address the increasing bandwidth and cooling requirements of next-generation AI data centers.
What have they achieved so far?
Since its founding in 2022, Auradine has made significant strides by becoming a leader in blockchain and AI infrastructure solutions and successfully raising over $300m in total funding.