Auradine secures $153 million to expand AI and mining tech

Auradine, a Silicon Valley-based company specialising in AI data center equipment and Bitcoin (CRYPTO:BTC) mining technology, has raised $153 million in a Series C funding round.

The round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, and other investors.

This latest investment brings Auradine’s total funding to over $300 million, positioning the company to broaden its product portfolio and accelerate its mission to deliver scalable infrastructure for both AI and blockchain applications.

With the new capital, Auradine announced the formation of AuraLinks AI, a business unit focused on open-standards networking solutions to address the growing bandwidth and cooling demands of next-generation AI data centers.

The AuraLinks AI team includes professionals with backgrounds at major technology firms such as Palo Alto Networks, Cisco, Juniper, Marvell, Broadcom, Google, and Microsoft.

“We are committed to advancing scalable, sustainable, and innovative infrastructure for the AI and blockchain era. This funding will help us expand our product suite and support the rapid growth in demand for high-performance, energy-efficient solutions,” stated Auradine’s CEO, Rajiv Khemani.

The company has already delivered its Teraflux 3nm Bitcoin miners to more than 40 data center operators and introduced a high-speed, low-latency networking platform aimed at maximising GPU efficiency and reducing bottlenecks.

Auradine’s annual revenue run rate now exceeds $150 million, and the company has been recognised by the Global Semiconductor Alliance as a “Start-Up to Watch” in 2025.

The Series C round was oversubscribed, initially targeting $125 million but surpassing expectations due to strong investor interest.

Auradine is also contributing to industry standards through its involvement in the Ultra Accelerator Link and Ultra Ethernet Link consortiums.

The company’s strategy leverages the current US-China trade environment and growing US interest in domestic manufacturing, aiming to compete with established Chinese manufacturers in the Bitcoin mining hardware market.

With the AI data center sector projected to see a 165% increase in energy demand by 2030, Auradine’s focus on energy-efficient solutions is seen as timely and relevant for the evolving tech landscape.

The company’s leadership, including the recent appointment of semiconductor veteran Lip-Bu Tan to the board, underscores its ambition to become a major player in both AI and blockchain infrastructure.