Digital Power Optimization: Raises $2.5M in Series A Funding

Digital Power Optimization Raises $2.5M in Series A Funding

• Digital Power Optimization Inc., a NYC-based energy services provider, closed a $2.5m Series A funding round
• The round was led by bitcoin company NYDIG with participation from Wakestream Ventures, NBDR Ventures, Luxor Technologies
• DPO and NYDIG’s new strategic partnership allows the companies to tailor their complementary products to clients in the utility and renewable power industries
• Proceeds from this raise will be used to continue growing DPO’s team of experts and bring Cryptocurrency Mining as a Service (CMaaS) to the global power and utility industries
• Digital PowerOptimization is an energy services provider which utilizes cryptocurrency mining as a tool to help power producers maximize the value of their energy
• DPO offers a proprietary Cryptocurrency Mining as a Service (CMaaS) strategy and structure, which aligns its interests with the interests of its partners in the energy sector