Bitcoin mining infrastructure company Giga Energy is raising Series A funding, plans to raise $10 million

2023-02-03 01:03:12AICoinShare to:

AICoin NewsBitcoin mining infrastructure start-up company Giga Energy is in the A round of financing and plans to raise $10 million. The funds will help Giga Energy expand its business in the United States and other regions. A source with direct knowledge of the matter confirmed that Giga Energy is raising a $10 million Series A, having previously raised $3.6 million in two rounds: a Pre-Seed round of $1.1 million in August 2021, followed by a March 2022 round. The month's seed round raised $2.5 million. Investors in both rounds included Magic Internet Money and Ten31. Giga Energy was valued at $30 million pre-money at the time of the seed round, the sources added. (The Block)

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