According to TechFlow, Nodal Power completed a $13 million financing this week. The company’s angel investors include Clarke Miyasaki of Stance Socks and Chris Bennett, founder and chairman of marketing agency 97th Floor. Nodal Power collects and utilizes leaked methane gas to power Bitcoin mining data centers.
Nodal Power owns, operates and powers two mining data centers in the United States, with a third expected to come online in early 2024. The company also owns and operates power plants that deliver electricity to data centers.