Auradine, a prominent blockchain and AI infrastructure solutions provider, has successfully raised $153 million in a Series C funding round.
This substantial capital injection will fuel the company’s mission to develop secure and energy-efficient technologies that support the growing demands of blockchain and artificial intelligence applications.
The funding round reportedly saw participation from leading investors, including Celesta Capital, Mayfield Fund, and Innovation Endeavors. Auradine plans to use the funds to expand its product offerings, scale its operations, and extend its market reach.
“This Series C funding is a testament to our team’s hard work and the significant progress we’ve made in delivering innovative solutions for the blockchain and AI markets,”
said Rajiv Khemani, CEO of Auradine.
“We are committed to providing our customers with the infrastructure they need to build and deploy cutting-edge applications.”
Auradine’s current product suite includes application-specific integrated circuits (ASICs) and software solutions designed to enhance the performance and security of blockchain networks and AI computations. The company’s technology reduces energy consumption and improves computational efficiency, addressing critical challenges in both sectors.
With the rise of decentralized finance (DeFi) and the increasing adoption of AI across various industries, the demand for robust and scalable infrastructure is higher than ever. Auradine aims to capitalize on this trend by providing solutions that meet the evolving needs of blockchain and AI developers.
The company’s focus on energy efficiency aligns with the growing emphasis on sustainable technology solutions. By reducing the environmental impact of blockchain and AI operations, Auradine aims to contribute to a more sustainable future.
Auradine’s Series C funding marks a significant milestone for the company and underscores the increasing investor confidence in the blockchain and AI infrastructure sectors. The company is well-positioned to drive further innovation and help shape the future of these rapidly evolving industries.
Notably, OpenAI released the GPT-4.1 series via API, with a larger context window and improved code generation and instruction following.
Source: DeFi Planet / Digpu NewsTex