Aspen Creek Digital Corporation, a Boston, MA-based Bitcoin mining operator, raised $8M in Series A funding.
The round was led by Galaxy Digital and Polychain Capital with participation from Jamie Leeof Tamarack Global, Alex Robertson of Tiger Management, CMT Digital, Luxor Technologies, Mana Ventures, Gaingels, and Copper River Energy Partners.
The company intends to use the funds to support its 3GW+ pipeline of wind, solar and battery generation by 2025 and solutions to build team and operations.
Led by CEO Alexandra DaCosta, ACDC is catalyzing the decarbonization of power generation by creating a fleet of renewably powered data centers. The company develops behind-the-meter data centers with new renewable power projects to deliver carbon transparency, reduce power price volatility and add renewables to the grid.
In June, ACDC announced its first bitcoin mining center, a 6MW HPCC co-located behind-the-meter with a 10MW solar farm, commenced operations in west Colorado. The company’s second facility, which is on track to be operational this fall, is a 30MW HPCC co-located behind-the-meter with an 87MW solar farm. The third project is a 150MW HPCC co-located behind-the-meter with a 200MW solar farm.
FinSMEs
27/09/2022