Auradine Raises $153M Series C to Mining Bitcoin (BTC) and Building AI-Powered Data Center Networks

Auradine Raises $153 Million in Series C Funding Round for Bitcoin Mining and AI-Powered Data Center Development

This round brings Auradine's total funding to $300 million.

Jamie Crowley | Edited by Sheldon Rebeck on April 17, 2025, 9:05 AM

Key facts:

• Auradine, a developer of computing systems for bitcoin mining and artificial intelligence, has raised $153 million in a Series C funding round.
• The Silicon Valley, California-based company also created a new business unit, AuraLinks AI, which focuses on open standards to solve next-generation AI data center cooling challenges.
• The funding round, which brought Auradine's total backing to $300 million, was led by StepStone Group with participation from BTC miner MARA.

Auradine, a maker of computing hardware for Bitcoin (BTC) mining and artificial intelligence applications, announced that it has raised $153 million in a Series C funding round.

Silicon Valley, California, has also created a new business group, AuraLinks AI, which is focused on open standards to provide cooling for next-generation AI data centers.

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AI data centers and BTC mining have similar operational requirements. With AI booming in popularity in recent years, the topic of data centers has become a hot topic. This has implications for the cryptocurrency industry, as many aspects of AI data centers can also be applied to Bitcoin mining.

“Our dual focus on Bitcoin and AI infrastructure places Auradine at the forefront of key technologies that will transform computing and energy consumption for years to come,” said CEO Rajeev Hemani.

The funding round, which brought Auradine's total backing to $300 million, was led by StepStone Group and included additional investment from Bitcoin miner MARA, as well as Maverick Silicon, Samsung Catalyst Fund, and Qualcomm Ventures, among others.

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