Popular on Amzeal
- Dating app security is often discussed as a feature set. Real protection begins at the architectural level — with what data is collected, how it is - 129
- Still Using Ice? FrostSkin Reinvents Hydration - 129
- Ice Melts. Infrastructure Fails. What Happens to Clean Water?
- Cold. Clean. Anywhere. Meet FrostSkin
- NeuroAcoustic Pioneer Dr. Chris Potter Unveils QLL Technology to Disrupt Mental Health Industry
- The Legal AI Showdown: Westlaw, Lexis, ChatGPT… or EvenSteven?
- Primeindexer Google indexing platform launched by SEO Danmark APS
- Atlanta Tech Founder Seeks Clarity on Intellectual Property and Innovation Policy
- François Arnaud, star of Heated Rivalry, is the real-life inspiration behind Christopher Stoddard's novel At Night Only
- Any Event Productions Expands Nationwide Turnkey Audiovisual Production Services
Similar on Amzeal
- $317M Revenue and a Clear Path to $1B: $IQST is Positioned for a Major Profitability Inflection
- Scotch Whisky Market Dislocation Creates Compelling Entry Opportunity for Long-Term Investors
- $6 Million Funding Secured as Retail Expansion, Operational Streamlining, and Asset-Light Strategy Position the Company for Accelerated Growth $SOWG
- The "Unsexy" Business Quietly Creating 130+ New Entrepreneurs Across America — From Alaska to Puerto Rico
- Veteran Launches GTG Energy: Nicotine-Free Pouch as Americans Rethink Addiction, Focus, and What Fuels Performance
- K2 Integrity Enhances Technology Capabilities Through Acquisition of Leviathan Security Group
- Energywise Solutions and Pickleball Pros Partner to Bring More Energy and Visibility to Pickleball Clubs
- Buildout Launches CRM, Completing the Industry's First AI-Powered End-to-End Deal Engine for CRE
- The Franchise King® Releases Free Guide for Nervous Buyers
- NRx Pharmaceuticals Launches Breakthrough One-Day Treatment Clinic in Florida as FDA Pathway and Clinical Data Strengthen Growth Outlook; $NRXP
SolMining announces $88 million in funding
Amzeal News/10606272
Backed by Sequoia, OpenAI Startup Fund, and Other Top Investors, SolMining Expands Its Global Green Infrastructure Footprint
AMSTERDAM, N.Y. - Amzeal -- 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 Amzeal 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 Amzeal News
- Training Lofts Launches $1,099 Unlimited Training Membership Featuring Semi-Private Coaching, Nutrition Support, and Recovery Services
- PhantomByte Launches New Technical Hub for AI Infrastructure and Agent Orchestration Insights
- AdCraft AI Exits Stealth with Pre-Seed Funding, Launches Enterprise Generative Video Engine
- Apptricity Launches Native AI Assistant for Intelligent Supply Chain Operations
- ABLD.app Launches Digital Blue Envelope Profiles to Streamline ADA Accommodation Requests
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
Filed Under: Business
0 Comments
Latest on Amzeal News
- ASI Hosts 2026 Executive Business Summit for Global Partner Community
- Vismo appoints new CEO – former Ernst & Young Commercial Director Tom Cowling
- Pastor Saeed Abedini Releases THE TRUTH – Volume 1, A Deeply Personal Story of Faith, Struggle, and Redemption
- New Book Warring From the Standpoint of the Throne Room Calls Believers to Pray From Victory
- Scotch Whisky Market Dislocation Creates Compelling Entry Opportunity for Long-Term Investors
- Peccioli Becomes New Orleans: In July 2026, the magic of jazz comes to Tuscany
- $6 Million Funding Secured as Retail Expansion, Operational Streamlining, and Asset-Light Strategy Position the Company for Accelerated Growth $SOWG
- The "Unsexy" Business Quietly Creating 130+ New Entrepreneurs Across America — From Alaska to Puerto Rico
- Veteran Launches GTG Energy: Nicotine-Free Pouch as Americans Rethink Addiction, Focus, and What Fuels Performance
- RecallSentry™ App Launch — Your Home Safety Hub — Free on iOS & Android
- Award-Winning Director Crystal J. Huang's Under-$50K Film "The Ritual House" Wins Best Horror Feature at Golden State Film Festival
- Grads aren't getting hired — here's what we're doing about it
- Pump up your game board collection with these 8 liners for sale
- K2 Integrity Enhances Technology Capabilities Through Acquisition of Leviathan Security Group
- #WeAreGreekWarriors Comes to Detroit in Celebration of Women's History Month
- Startup Tackles Hidden Documentation Problem Behind $84 Trillion Wealth Transfer
- Buildout Launches CRM, Completing the Industry's First AI-Powered End-to-End Deal Engine for CRE
- Energywise Solutions and Pickleball Pros Partner to Bring More Energy and Visibility to Pickleball Clubs
- Inktavo Heads to DAX Dayton 2026 with Education on Shop Management, Online Stores, and Graphics
- The Franchise King® Releases Free Guide for Nervous Buyers