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Auradine secures $80M in Series B funding

Auradine secures $80M in Series B funding
Auradine secures $80M in Series B funding

Auradine, based in Santa Clara, CA, raised $80M in Series B funding to expand its blockchain, security, and AI solutions.

The round was led by StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital. Existing backers such as Celesta Capital, Mayfield Fund, and Marathon Digital also participated.

The funds will bolster the scaling of Teraflux Bitcoin ASIC Miners, enhance R&D for new blockchain and AI security products, and support global market expansion.

Auradine, founded in 2022 and helmed by CEO Rajiv Khemani, has shipped Teraflux products to over 30 large-scale miners, showcasing significant performance under various cooling conditions. The company marked $80M in bookings and has a potential order pipeline exceeding $200M.

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