Auradine Raises $153M Series C

, a Santa Clara, CA-based provider of energy-efficient solutions for blockchain and AI infrastructure, raised an additional $153m in connection with its Series C funding round.

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

This latest funding, which brings Auradine’s total capital raised to over $300m, positions the company to expand its product portfolio.

Founded in 2022 and led by Rajiv Khemani, CEO, Auradine is a leader in blockchain and AI infrastructure solutions. The company provides software, hardware, and cloud offerings to enable scalable and sustainable solutions.

Since its founding in 2022, Auradine has reach the following achievements:

  • Commercial delivery of its Terafluxâ„¢ 3nm Bitcoin miners, featuring advanced cooling solutions now deployed by over 40 leading Bitcoin data center operators.
  • Introduction of a high-speed, low-latency networking platform that enhances performance, reduces bottlenecks and maximizes GPU efficiency.
  • Strategic contributions to the Ultra Accelerator Link (UAL) and Ultra Ethernet Link consortiums, helping shape future industry standards.
  • Appointment of semiconductor industry veteran Lip-Bu Tan to Auradine’s Board of Directors.

Concurrent with the Series C close, Auradine is announcing the formation of a new business group, AuraLinks AI, focused on open-standards based networking solutions to address the rapidly increasing bandwidth and cooling requirements of next-generation AI data centers.