Auradine Raises $153M, Expands AI, Bitcoin Tech

Auradine, a Silicon Valley-based startup founded in 2022, has raised $153 million in an oversubscribed Series C funding round led by StepStone Group, with participation from Maverick Silicon, Qualcomm Ventures, and Samsung Catalyst Fund, bringing its total funding to over $300 million. The company specializes in designing and manufacturing energy-efficient, custom hardware for Bitcoin mining and AI data centers. With the new funding, Auradine is expanding its product portfolio and accelerating development initiatives in AI and blockchain infrastructure. It recently launched AuraLinks AI, a business unit focused on open-standards-based networking solutions to meet the growing energy and cooling demands of next-generation AI data centers. Auradine's products, including advanced cooling technologies and custom chips, are now used by over 40 Bitcoin mining firms. The company also emphasizes sustainability and the onshoring of critical technology development in the US.