TechFlow news, April 16 — According to The Block, U.S.-based Bitcoin mining hardware manufacturer Auradine announced the completion of a $153 million Series C funding round, comprising $138 million in equity investment and $15 million in venture debt. The round was led by StepStone Group, with participation from Samsung Catalyst Fund and Qualcomm Ventures.
Auradine currently generates over $150 million in annual revenue and supplies equipment to more than 40 major data center operators. The company will use the new funds to expand its core Bitcoin mining hardware business, while advancing its newly established AuraLinks AI division, which focuses on developing AI data center network infrastructure solutions, with product launches planned for later this year.
