Popular on EntSun
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market - 139
- SeedList Launching Institutional Crypto Crowdfunding Project to Empower Retail Investors and Disrupt the VC-Dominated Crypto Fundraising Landscape - 132
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations - 127
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request - 125
- The Sessions Studios Secures $300 Million Commitment to Launch World-Class Studio and 15-Film Global Slate - 123
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency - 121
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market - 120
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands - 106
- The Recording Academy Extends Invitation to The World's No.1 Superstar™—But He's Not Chasing the Award
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
SolMining announces $88 million in funding
EntSun News/11067158
Backed by Sequoia, OpenAI Startup Fund, and Other Top Investors, SolMining Expands Its Global Green Infrastructure Footprint
AMSTERDAM, N.Y. - EntSun -- SolMining has successfully completed a new round of financing of $88 million, led by Sequoia Capital, with participation from Coatue, Kleiner Perkins, OpenAI Startup Fund, GV (formerly Google Ventures), Conviction, Elad Gil, and REV (the venture capital arm of RELX Group).
This round of financing will further accelerate SolMining's strategic global expansion, particularly with the construction of a new green data center in Ethiopia. This project will leverage the abundant hydropower and solar energy resources in Ethiopia to support SolMining's sustainable development goals in cloud mining and high-performance computing. Beyond its African expansion, SolMining plans to continue investing in innovative technology research and development, optimize its infrastructure, expand its service capabilities, and enhance operational efficiency and returns for its global clients.
More on EntSun News
For more details, please visit the official website:https://solmining.com
About SolMining
SolMining is a leading global blockchain and high-performance computing technology company dedicated to providing full-stack computing services to global clients, encompassing hardware procurement, equipment delivery, data center construction, and operations. The company focuses on meeting the growing demand for mining and artificial intelligence computing, offering efficient, low-carbon cloud computing solutions to institutional users.
SolMining is headquartered in the UK and has data centers in Kazakhstan, Norway, Russia, and the United States. Furthermore, the company is planning a new green park in Ethiopia, further solidifying its leading position in the global sustainable cloud mining sector.
Media Contact
Email: info@solmining.com
Website: https://solmining.com
Address: W8a Knoll Business Centre, 325-327 Old Shoreham Road, Hove, United Kingdom, BN3 7GS
This round of financing will further accelerate SolMining's strategic global expansion, particularly with the construction of a new green data center in Ethiopia. This project will leverage the abundant hydropower and solar energy resources in Ethiopia to support SolMining's sustainable development goals in cloud mining and high-performance computing. Beyond its African expansion, SolMining plans to continue investing in innovative technology research and development, optimize its infrastructure, expand its service capabilities, and enhance operational efficiency and returns for its global clients.
More on EntSun News
- Buildout Unveils Rethink+: Revolutionizing Commercial Real Estate Prospecting with Seamless CRM Integration
- purelyIV Launches Niagen® IV Therapy – A Breakthrough in NAD+ Cellular Wellness
- Jewellok Unveils Cutting-Edge Specialty Gas Changeover Manifolds to Revolutionize Industrial and Medical Gas Delivery
- Press Snooze on Summer: 8 Inns Team Up to Help Guests Sleep In
- On the 30th anniversary of the Netscape IPO the inventor of the banner ad warns: "Trouble ahead."
For more details, please visit the official website:https://solmining.com
About SolMining
SolMining is a leading global blockchain and high-performance computing technology company dedicated to providing full-stack computing services to global clients, encompassing hardware procurement, equipment delivery, data center construction, and operations. The company focuses on meeting the growing demand for mining and artificial intelligence computing, offering efficient, low-carbon cloud computing solutions to institutional users.
SolMining is headquartered in the UK and has data centers in Kazakhstan, Norway, Russia, and the United States. Furthermore, the company is planning a new green park in Ethiopia, further solidifying its leading position in the global sustainable cloud mining sector.
Media Contact
Email: info@solmining.com
Website: https://solmining.com
Address: W8a Knoll Business Centre, 325-327 Old Shoreham Road, Hove, United Kingdom, BN3 7GS
Source: SOL INTERNATIONAL LIMITED
0 Comments
Latest on EntSun News
- Musician Scott Pryor Wins 2025 Telly Award for "Breakaway" Music Video
- Legendary N.W.A. CoFounder & Tech Visionary OG Arabian Prince Joins Tech Coast Venture Network Board
- Former Irvine Mayor Farrah Khan Joins Tech Coast Venture Network Board
- Things-To-Do.Fun Launches to Help Locals and Travelers Discover Fun Activities
- Refresh Your Look with Elklook's Fashion Glasses Collection
- Really Cool Music Releases First Ever Song
- DT Digital Relaunches as Redouble Digital, Expanding from Freelance Operation to Full-Service E-commerce Marketing Agency
- TL International Group Ltd Terminates Franchise Agreement with Apollo Rent A Car
- Nyasia Chane'l Shines on New Reggae/Afrobeat Mashup with "No Candles For JeJe"
- TSWHZC Addresses Recent Malicious Reports and Reaffirms Commitment to Regulatory Compliance and User Protection
- Introducing Lick Scented Bath Oils: Transform Your Bath into a Luxurious Escape
- Free Printable Math Bingo Cards Released for Teachers, Parents, and Students
- Voices for Humanity Sees Hope Spring from the Middle of the World with Catalina Maldonado
- Japanese Tradition Meets Hollywood Glitz
- The Decided Collection Redefines Cozy for Back-to-School Tween Fashion
- Voices Across the Men's Health Network:
- Bent Danholm To Be Featured On Global Podcast Network In Live Interview
- AdvoCast Expands Leadership in Strategic Comms with New Role Producing "Communication Breakdown" Podcast
- Rocket.Chat assessed "Awardable" for Department of Defense work in the CDAO's Tradewinds Solutions Marketplace
- Success for Global Communications Leader IQSTEL, Inc. Growing From $13 Million Revenue in 2018 to Nearly $300 Million Last Year