Around ten days ahead of highly anticipated halving, California-based web infrastructure startup known for its Bitcoin miners, Auradine, has successfully secured $80 million in a Series B funding round.

This funding, described as “oversubscribed,” saw participation from several prominent investors, including StepStone Group, Top Tier Capital Partners, MVP Ventures, Maverick Capital, Celesta Capital, Mayfield Fund, and Marathon Digital.

$1B Valuation Target

Initially aiming for $70 million, Auradine’s successful fundraising was attributed to heightened investor interest. Co-founder and CEO Rajiv Khemani stated that the Series B round, which started earlier this year, concluded just…

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