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Auradine raised $153 million in a Series C funding round to grow its bitcoin mining and AI

Auradine's Series C funding round was led by StepStone Group and included investors such as Samsung Catalyst Fund, Qualcomm Ventures and MARA Holdings, which is the largest US-listed Bitcoin mining company by market capitalisation

Auradine plans to use the funding to expand its bitcoin miner manufacturing business and invest in AuraLinks AI, a new division focused on improving interconnectivity between GPUs in AI data centres

Rajiv Khemani, co-founder and CEO of Auradine, said the company has seen increased interest as an American-made alternative amid heightened scrutiny and tariffs on Chinese bitcoin mining hardware by US authorities

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