Auradine, a U.S.-based mining hardware producer, has secured $153 million in a Series C funding round, signaling resilience amid a global industry shakeup. The California company, founded in 2022 by tech veterans from Palo Alto Networks, Intel, and Google, attracted investors like Samsung Catalyst Fund, Qualcomm Ventures, and MARA Holdings, the largest U.S. miner. This brings Auradine’s total funding past $300 million.
Funding Boost from Tech Giants
The raise comes as Trump-era tariffs disrupt supply chains, hitting Chinese suppliers who dominate the market. Investors Samsung, Qualcomm, and MARA back Auradine’s vision, highlighting its potential to reshape U.S. mining. CEO Rajiv Hemani noted the firm’s total capital now exceeds $300 million, per a company statement.
Innovative Teraflux AH3880 Miner
Auradine’s new Teraflux AH3880 miner, unveiled in March, boasts 450–600 Th/s with energy efficiency of 14.5–16.5 J/Th, using water cooling. This high-performance gear meets growing demand as U.S. miners seek local alternatives. Hemani told Bloomberg, “Demand is surging as clients diversify sources.”
Navigating Geopolitical Risks
Tariff policies have pushed firms to adapt, with Auradine capitalizing on the shift. “Clients who once relied on Chinese suppliers are now interested in us,” Hemani said. “Diversifying sources mitigates geopolitical risks.” The U.S. leads global mining, but supply chain woes fuel this trend.
Expansion with AuraLinks AI
Auradine plans to expand its product line with the funds and launched AuraLinks AI, a new unit focused on data center bandwidth and cooling. This move strengthens its tech edge amid industry challenges.
Asian Rivals Adjust
