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Home » Auradine Raises $153M to Expand Blockchain and AI Infrastructure

Auradine Raises $153M to Expand Blockchain and AI Infrastructure

April 16, 2025
in Semiconductors, Start-ups
A A

Auradine, a start-up based in Santa Clara, California, has secured $153 million in Series C funding to expand its blockchain and AI infrastructure product lines, bringing its total capital raised to over $300 million. The round was led by StepStone Group with participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and existing investors. The company aims to scale its energy-efficient technologies that support Bitcoin mining and AI data center operations.

As part of the announcement, Auradine unveiled a new business unit—AuraLinks AI—focused on high-performance, open-standards networking solutions tailored for next-generation AI data centers. The group includes industry veterans from Palo Alto Networks, Cisco, Google, Microsoft, and others. The initiative targets the growing demand for bandwidth and efficient cooling in AI workloads. Auradine’s existing offerings include the Teraflux™ 3nm Bitcoin miners and a low-latency networking platform designed to optimize GPU efficiency.

Auradine is actively shaping next-gen data center standards through its contributions to the Ultra Accelerator Link (UAL) and Ultra Ethernet Link initiatives. The company recently earned recognition as a “Start-Up to Watch” from the Global Semiconductor Alliance and has added semiconductor leader Lip-Bu Tan to its board. Its infrastructure focus spans silicon, cooling, and system integration, positioning Auradine to serve the converging needs of crypto mining and AI compute at scale.

  • Auradine raised $153M in Series C funding, bringing total funding to over $300M.
  • The round included StepStone, Qualcomm Ventures, Samsung Catalyst Fund, and Premji Invest.
  • Launched AuraLinks AI for next-gen networking in AI data centers.
  • Commercialized Teraflux™ 3nm Bitcoin miners, deployed across 40+ operators.
  • Actively involved in UAL and Ultra Ethernet Link standards groups.
  • Named a “Start-Up to Watch” by the Global Semiconductor Alliance.

“Since day one, Auradine has focused on open standards, sustainability, and innovation velocity. Our dual focus on Bitcoin and AI infrastructure places Auradine at the intersection of pivotal technologies that will reshape computing and energy utilization for decades to come,” said Rajiv Khemani, co-founder and CEO of Auradine.

  • Auradine was founded in 2022 by a team of seasoned technology entrepreneurs with deep roots in semiconductors, systems architecture, and cybersecurity. Co-founder and CEO Rajiv Khemani previously served as COO of Cavium and held executive roles at Intel. Co-founder and CTO Pankaj Mehta was formerly VP of Engineering at Palo Alto Networks and played key roles at Marvell and Cavium. Co-founder and Chief Architect Ameet Sinha brings extensive experience in security and infrastructure, having co-founded Zscaler and contributed to several cloud and network security innovations. Together, the founding team brings a strong track record of building and scaling silicon-to-system solutions that have powered multiple generations of enterprise and cloud infrastructure.

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