Auradine raises $153 million to expand blockchain and AI tech

Auradine, a US-based company specialising in energy-efficient blockchain and artificial intelligence infrastructure, has secured $153 million in a Series C funding round, bringing its total capital raised to over $300 million.

The funding round was led by Stepstone Group and included investors such as Maverick Silicon, Premji Invest, Samsung Catalyst Fund, and Qualcomm Ventures.

Auradine plans to use the new capital to accelerate growth and innovation in scalable and sustainable solutions for bitcoin mining and AI data centers.

The company recently launched Auralinks AI, a new division focused on developing open-standards networking for next-generation AI data centers.

This team includes industry veterans from Cisco, Google, and Microsoft and aims to tackle challenges related to bandwidth and cooling in AI infrastructure.

Auradine introduced its Teraflux 3nm Bitcoin (CRYPTO:BTC) miners, including the hydro-cooled AH3880 model engineered in the US, which offers up to 600 terahashes per second (TH/s) output.

According to Auradine, more than 40 bitcoin data center operators have adopted its advanced cooling technologies, positioning the company competitively against rivals like Bitmain and Microbt.

Founded in 2022, Auradine has gained recognition from the Global Semiconductor Alliance and participates in industry groups such as the Ultra Accelerator Link consortium.

Based in Silicon Valley, the company is expanding its technological offerings and leveraging its US location strategically.

Competitors including Bitmain, Bitdeer, Microbt, and Canaan have also considered establishing domestic production facilities, partly influenced by tariff policies introduced during the Trump administration.

“Our focus is on delivering scalable and sustainable infrastructure solutions that meet the evolving demands of blockchain and AI industries,” Auradine’s CEO stated.  

The company’s recent advancements in cooling and networking technologies reflect ongoing efforts to address the energy and performance challenges faced by data centers supporting bitcoin mining and AI workloads.