Popular on s4story
- Pyro Marketing Opens New Digital Marketing Company to Power Growth for Fitness and Ecommerce Brands
- Ironside HR Named Fastest-Growing Staffing Firm for Second Year
- "Menace: An Agent Dean Cold Novel" by Ray Keating Lands Soon!
- Thorn & Bloom Magazine Unveils Groundbreaking Second Edition: "Breaking the Cycle"
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- Curtis Sergeant's Book The Only One Continues to Equip Christians to Live Fully in by and for God
- 8-Year-Old Chef with Down Syndrome Shares Favorite Recipes in Uplifting New Cookbook
- FINAL CALL! Submit Your Book for the 2025 Grateful American Book Prize
- SlickCashLoan Launches Free Loan Calculator to Help You Plan Monthly Payments
- New Book "Lemonade Tough" Offers Real-World Resilience for Life After Trauma
SolMining announces $88 million in funding
S For Story/10667503
Backed by Sequoia, OpenAI Startup Fund, and Other Top Investors, SolMining Expands Its Global Green Infrastructure Footprint
AMSTERDAM, N.Y. - s4story -- 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 S For Story
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 S For Story
- Buildout Unveils Rethink+: Revolutionizing Commercial Real Estate Prospecting with Seamless CRM Integration
- purelyIV Launches Niagen® IV Therapy – A Breakthrough in NAD+ Cellular Wellness
- James Langston Releases His 30th Book — "Will God Forgive Me?"
- Indies United is pleased to present our August 2025 book releases
- Jewellok Unveils Cutting-Edge Specialty Gas Changeover Manifolds to Revolutionize Industrial and Medical Gas Delivery
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 S For Story
- Immigrant-Owned Businesses Across U.S. Face New SBA and Equipment Financing Barriers
- From Resistance to Reinvention: How Black Entrepreneurs Are Pivoting With Purpose in the Anti-DEI Era
- 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
- MWSA Names H. W. "Buzz" Bernard as 2025 Writer of the Year
- 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
- TSWHZC Addresses Recent Malicious Reports and Reaffirms Commitment to Regulatory Compliance and User Protection
- Author and Spiritual Life Coach Jamie O'Neill Releases Transformative New Book: Journey of My Soul
- Introducing Lick Scented Bath Oils: Transform Your Bath into a Luxurious Escape
- Free Printable Math Bingo Cards Released for Teachers, Parents, and Students
- 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
- Best Creative Income Blog Empowers People with Side Hustle Tips & Solopreneur Business Ideas
- 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
- New Book: Your Field Guide to Shaping a Meaningful Future in the Intelligent Age
- Artbound: "The Cheech" Awarded Two 2025 LA Area EMMY Awards — Honored in ARTS & MUSIC COMPOSITION
- Rising Conservative Star Jordan Brace Emerges as Influential Political Voice with Elite Washington Connections