Akron Energy raises $110 million to increase mining capacity and expand AI cloud infrastructure

Data center provider Akron Energy has raised $110 million in private funding.

$80 million will be used to increase the company’s mining capacity to 200 megawatts, and $30 million will be spent on cloud infrastructure for AI.

The round was led by Bluesky Capital Management, with participation from Kestrel 0x1 and Nural Capital.

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