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Akron Energy Raises $110M To Grow U.S. Bitcoin Mining Capacity, Launch Ai Cloud Service In Norway

PRIVATEDec 22, 2023•over 2 years ago

Amount Raised

$110 Million

SydneyRenewable Energy

Description

Akron Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations, the company’s CEO Josh Payne shared exclusively with TechCrunch.

Company Information

Company

Arkon Energy

Location

Sydney, New South Wales, Australia

About

Arkon Energy is a infrastructure business, we develop, own and operate renewable energy-powered bitcoin mining solutions at enterprise scale, with an increasing portfolio and project pipeline of both hosted and fully-owned sites across Australia and internationally. Our specialized data center sites offer renewable energy generators significant economic benefits with reliable and consistent "before-the-meter" power consumption, while simultaneously allowing us to generate bitcoin revenues at very attractive rates for our shareholders and hosting clients.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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