Auradine, a network infrastructure solutions provider, completes $81 million Series A funding

Auradine, a Silicon Valley-based network infrastructure solutions provider, has raised $81 million in Series A funding led by venture capital firms Celesta Capital and Mayfield, with other investors including Cota Capital, DCVC, and Stanford University. As part of the investment, Celesta’s Sriram Viswanathan and Mayfield’s Navin Chaddha will join Auradine’s board of directors.

Bitcoin mining company Marathon Digital Holdings is also a backer. Marathon disclosed in its third-quarter financial report that it had $35.5 million in Auradine preferred shares as of September. An Auradine spokesperson confirmed that figure was included in the $81 million funding round.

Founded in 2022, Auradine is developing hardware and software infrastructure, including energy-efficient silicon, zero-knowledge proof tools and artificial intelligence solutions for decentralized applications. (CoinDesk)