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Kore Digital Mining raised $150K in Seed funding to purchase new mining hardware and increase hash rate.

PRIVATEApr 17, 2024

Amount Raised

$150,000

Round Type

Seed

EdinburghBlockchainCryptocurrencyMining

Description

Kore Digital Mining, an Edinburgh, Scotland, UK-based Bitcoin mining company, raised $150K in Seed funding to purchase the latest innovations in mining hardware, including 5 x Antminer S21 200 Th/s Miners and 10 x Whatsminer M66S 288 Th/s – Immersion Cooled Miners.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Kore Digital Mining that raised within 45 days of this round, from Fundz verified event records.

  • ARPA Network raised $6M (Funding Round) on May 31, 2024.
  • Forward raised $16M (Seed) on May 31, 2024.
  • Babylon raised $70M (Funding Round) on May 30, 2024.
  • Aperture Finance raised $12M (Series A) on May 29, 2024.
  • NodeOps raised $5M (Seed) on May 27, 2024.
  • Plume Network raised $10M (Seed) on May 23, 2024.

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Company Information

Company

Kore Digital Mining

Location

Edinburgh, Scotland, United Kingdom

About

Kore Digital Mining Ltd is a U.K. based Bitcoin mining company focused on growing its hash rate and increasing infrastructure capacity with its global partners. Kore’s mission is to provide technological resources on the Bitcoin network, enabling added blockchain security and increased decentralization. Kore has partnered with several leading USA Bitcoin mining specialists that offer a complete solution including data center access & 24/7 support for our mining hardware. Our partners current data center locations are in Texas and Kentucky, USA. We are pleased to confirm additional investment from several seed investors who understand our vision and we look forward to adding more of the latest mining technology to our fleet throughout 2024. Our goals are to increase Hash power, decentralize our operations further and increase our Bitcoin treasury.

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Kore Digital Mining raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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