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Arkon Energy - Undisclosed
Overview
Funding Date
December 22, 2023
Financing amount
$110M
Valuation
--
Category
Subcategory
About Arkon Energy - Undisclosed
Arkon Energy has secured an additional $110 million in a funding round led by Bluesky Capital Management — of which $80 million will go toward the US expansion. The other $30 million is earmarked for an artificial intelligence cloud service project at Arkon's 30MW data center in Norway.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 2 | -- |
Founders & Team
Joshua Payne
Nathan Townsend
Company Profile / Project Introduction
Arkon was founded in 2019 and is headed by CEO Josh Payne. It is a fully renewable data center infrastructure company. They 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.