Odaily Planet Daily News Bitcoin mining infrastructure startup Giga Energy is conducting a Series A round of financing and plans to raise US$10 million. The funds will help Giga Energy expand its business in the United States and other regions. A source with direct knowledge of the matter confirmed that Giga Energy is raising $10 million in Series A funding, having previously raised $3.6 million in two rounds: a $1.1 million Pre-seed round in August 2021 and a $1.1 million pre-seed round in March 2022. raised $2.5 million in seed round funding in March. Investors in both rounds include Magic Internet Money and Ten31. The source added that Giga Energy’s pre-money valuation at the time of the seed round was $30 million. (TheBlock)
