StepStone Group led a $153m Series C round in Auradine.

StepStone Group, a private equity firm, led a $153m Series C round in Auradine, a California-based company that develops technologies like energy-efficient silicon, internet infrastructure and software for Blockchain and AI, with participation from Maverick Silicon, Qualcomm Ventures, and Premji Invest. “Both Bitcoin and AI convert energy into economic value and require highly energy-efficient, scalable and flexible infrastructure solutions. Since day one, Auradine has focused on open standards, sustainability, and innovation velocity. Our dual focus on Bitcoin and AI infrastructure places Auradine at the intersection of pivotal technologies that will reshape computing and energy utilization for decades to come. This funding round enables us to scale that vision with greater speed and impact,” Rajiv Khemani, Auradine Co-Founder and CEO.