Digital Power Optimization Inc., a NYC-based energy services provider, closed a $2.5m Series A funding round.
The round was led by bitcoin company NYDIG with participation from Wakestream Ventures, NBDR Ventures, Luxor Technologies, and private individuals within the renewable energy, cryptocurrency, and bitcoin mining sectors.
DPO and NYDIG’s new strategic partnership allows the companies to tailor their complementary products to clients in the utility and renewable power industries.
Proceeds from this raise will be used to continue growing DPO’s team of experts and bring Cryptocurrency Mining as a Service (CMaaS) to the global power and utility industries.
Led by Andrew Webber, CEO, Digital Power Optimization is an energy services provider which utilizes cryptocurrency mining as a tool to help power producers maximize the value of their energy. DPO offers a proprietary Cryptocurrency Mining as a Service (CMaaS) strategy and structure, which aligns its interests with the interests of its partners in the energy sector.
FinSMEs
09/02/2022