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Terawulf Inc. Raises Approximately $200 Million To Strengthen Capital Structure In Advance Of Public Listing

PUBLIC · WULFDec 02, 2021

Amount Raised

$200 Million

Round Type

Funding Round

EastonSustainabilityNatural ResourcesBlockchainCryptocurrencyMining

Description

TeraWulf Inc. ("TeraWulf"), which was formed to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States, today announced that it has raised approximately $200 million in debt and equity financing from a group of leading institutional and individual investors. TeraWulf noted that the additional capital raised is expected to enable it to achieve 6 exahash per second, or 200 megawatts, of mining capacity by the second half of 2022.

Who else raised in Sustainability and Natural Resources around the same time

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

  • SOS raised $3.4M (Seed) on November 15, 2021.
  • American Bitcoin raised $18M on October 20, 2021.
  • Summit Midstream Partners raised an undisclosed amount (Series A) on January 14, 2022.
  • Summit Midstream Partners raised an undisclosed amount (Series A) on January 13, 2022.
  • Spring Lane Capital raised an undisclosed amount on January 13, 2022.
  • Lightsource Bp raised an undisclosed amount (Funding Round) on January 12, 2022.

Who to call at TeraWulf, and when

A new round usually means TeraWulf is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

TeraWulf

Location

9 Federal Street

Easton, Maryland, United States

About

TeraWulf was formed to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. For more information on TeraWulf, please visit www.TeraWulf.com or follow @TeraWulfInc on Twitter.

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Related People

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Verified contactsMario G., Director - Energy Origination & Develop… hiddenSee plans and pricing
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TeraWulf 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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