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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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