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Compute North Announces $25M in Growth Capital Funding

Feb 11, 2021•over 4 years ago

Amount Raised

$25 Million

Eden Prairie

Description

Compute North, an industry leader in economical, large-scale computing infrastructure and cryptocurrency mining, announced this week that it has closed its next growth capital round of $25 million in debt financing and equity to expand capacity and enable further growth. With more than 920 PH/s under management, the company expects to see that nearly double with the upcoming development.

Company Information

Company

Compute North

Location

Eden Prairie, Minnesota, United States

About

Compute North is the North American leader in TIER 0™ computing. The company provides efficient, low-cost, and highly scalable infrastructure for clients in the blockchain, cryptocurrency mining and the high-performance computing space. With operations in Texas, South Dakota, and Nebraska, Compute North brings a unique combination of data center, energy, and computing expertise to deliver the lowest cost computing in the world. For additional information, please visit computenorth.com.

Funding Insights

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