Share this article

Auradine Raises $153M Series C for Bitcoin Mining, AI Data Center Networking

The funding round takes Auradine's total backing to $300 million.

Updated Apr 17, 2025, 2:59 p.m. Published Apr 17, 2025, 9:05 a.m.
A photo of four mining rigs
Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)

What to know:

  • Auradine, a maker of computing rigs for bitcoin mining and AI, raised $153 million in a Series C funding round.
  • The Silicon Valley, California-based company also formed AuraLinks AI, focused on open-standards to address cooling requirements of next-generation AI data centers.
  • The funding round, which took Auradine's total backing to $300 million, was led by StepStone Group and included contribution from BTC miner MARA.

Auradine, a maker of computing equipment for bitcoin mining and AI applications, said it raised $153 million in a Series C funding round.

The Silicon Valley, California-based company also formed a new business group, AuraLinks AI, focused on open-standards to address cooling requirements of next-generation AI data centers.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

AI data centers and BTC mining share similarities in their operational requirements. Given the proliferation of AI in mainstream use in recent years, the subject of data centers is now commonplace in public discourse. This is significant for the cryptocurrency industry because most things that relate to AI data centers could also be applied to bitcoin mining.

"Our dual focus on Bitcoin and AI infrastructure places Auradine at the intersection of pivotal technologies that will reshape computing and energy utilization for decades to come," CEO Rajiv Khemani said in a statement.

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

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index

Executive Chairman of Strategy Michael Saylor

The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.

What to know:

  • Strategy (MSTR) will remain in the Nasdaq 100 index despite a major reshuffle, which saw several household names dropped.
  • The firm's business model, which involves stockpiling bitcoin, has drawn criticism from analysts and index providers, with MSCI considering excluding crypto treasury companies from its benchmarks.
  • The Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but Strategy's bitcoin-heavy strategy secured its spot.