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DeFi Technologies Updates Venture Portfolio for Shareholders

DeFi Technologies Updates Venture Portfolio for Shareholders
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Bitcoin miner Luxor eyes North American expansion with $5M funding round

Bitcoin miner Luxor eyes North American expansion with $5M funding round Luxor and NYDIG have teamed up to foster growth for the North American crypto mining industry. 3247 Total views News Seattle-based mining software company Luxor has closed a Series A funding round led by institutional Bitcoin technology and financial services firm NYDIG. Luxor announced the $5 million funding round on June 9, adding that NYDIG will collaborate with Luxor on a number of mining-related ventures and hashrate-based products. Also participating in the equity round were mining companies Blockware Solutions, Celsius Network, DPO, Navier, and Supplybit. A number of angel investors along with Bitnomial, Hodl Capital, and Routemaster also participated.

Luxor Technology Raises $5 0M in Series A Funding

Luxor Technology Raises $5.0M in Series A Funding Luxor Technology Corporation, a Seattle, WA-based hashrate as a commodity company, closed a $5.0m Series A funding. The round was led by NYDIG with participation from mining companies Blockware Solutions, Celsius Network, DPO, Navier, and Supplybit. In addition, Bitnomial, Hodl Capital, and Routemaster participated alongside many strategic angel investors. In addition to leading the equity round, NYDIG will collaborate with Luxor on a number of mining-related ventures and hashrate-based products. Led by Nick Hansen, CEO and co-founder, Eddie Wang, Ethan Vera, and Guzman Pintos, Luxor is a technology company building new-gen digital pipelines for compute power. The company’s switch software product is a profit-switching algorithm that maximizes earnings by switching between blockchains and venues to maximize hashrate rewards.

Luxor Technology Closes $5 0M Round Led by NYDIG, With Participation From US Mining Firms

Luxor Technology Closes $5.0M Round Led by NYDIG, With Participation From US Mining Firms 06/09/2021 | 01:32pm EDT Send by mail : Message : Luxor Technology Corporation (“ Luxor”) announced today the closing of a $5.0 million Series A led by institutional Bitcoin technology and financial services firm NYDIG. In addition to leading the equity round, NYDIG will collaborate with Luxor on a number of mining-related ventures and hashrate-based products. Also participating in the equity round are mining companies Blockware Solutions, Celsius Network, DPO, Navier, and Supplybit. In addition, Bitnomial, Hodl Capital, and Routemaster participated alongside many strategic angel investors. “We at Luxor are incredibly honored and excited to work alongside NYDIG to provide much-needed products and services to miners. Luxor is uniquely positioned to capitalize on industry tailwinds that see hashrate continuing to migrate to North America. With NYDIG’s exceptional track record, reput

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