💰 RootData Funding Report (4/16) - @Auradine_Inc
🚀 Auradine has raised a substantial $153M in a Series C round to accelerate the development of its next-generation digital asset infrastructure, with a focus on high-performance, energy-efficient blockchain hardware.
The round was led by @stepstonegroup, with backing from @MARAHoldings, @QualcommVenture, @MayfieldFund, and others — a world-class syndicate that combines institutional capital, crypto-native expertise, and deep tech support.
· StepStone Group, as a leading global private markets firm managing capital on behalf of top-tier pensions, sovereign funds, and institutional investors, brings Auradine the credibility and resources to expand into enterprise-grade blockchain infrastructure and scale responsibly within regulatory and ESG frameworks.
· Marathon, one of the largest Bitcoin mining companies in North America, offers domain-specific operational expertise and a real-world testing ground for Auradine’s hardware products. Their involvement underscores a strong strategic alignment around sustainable, high-efficiency mining technologies.
· Qualcomm Ventures brings deep technical insight and access to a global hardware ecosystem. As the venture arm of a semiconductor giant, their backing gives Auradine a distinct advantage in hardware design, chip efficiency, and secure computation at scale—critical for next-gen blockchain infrastructure.
· Mayfield Fund, a long-standing venture capital firm with a strong track record in enterprise and semiconductor investments, adds strategic support across go-to-market planning, talent acquisition, and long-term scaling. Their relationship-driven model is a valuable asset as Auradine navigates both crypto and traditional markets.
💡 Together, this powerhouse group of investors equips Auradine with the capital, technological partnerships, and infrastructure connections necessary to build the backbone of sustainable and secure blockchain computation—positioning the company as a leader at the intersection of digital assets, high-performance hardware, and clean infrastructure.