FinTechFunding

Lancium Technologies: Raises $150M in Financing

Lancium Technologies: Raises $150M in Financing

  • Lancium Technologies Corporation, a Houston, TX-based technology company focused on the energy transition, raised $150m in financing
  • Hanwha Solutions led the financing with participation from other strategic energy investors, as well as SBI Holdings and other existing, early-stage investors
  • Lancium is a technology company creating software, technical solutions and energy infrastructure that together are decarbonizing the grid
  • Lancium operates Clean Campuses, which are built at critical points on the transmission system that are often overwhelmed with renewable energy
  • Its Smart Response™ software enables Clean Campuses to function as Controllable Load Resources (CLRs) to the electrical grid
  • Clean Campuses will host Bitcoin mining, high throughput computing and other energy intensive applications
Previous article
Golden State Mining: Completes aircore drilling at Yule
Next article
365Talents: Raises USD$12M in Series A Funding
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.

You May Also Like

FinTech

New York Suits Coinbase and Gemini Over Prediction Markets

The state targets two major crypto exchanges regarding regulatory compliance.Highlights: New York has filed lawsuits against Coinbase and...
FinTech

Cash App Strengthens Parental Control with Managed Accounts for Kids

New feature allows parents to set up and oversee accounts for their children.Highlights: Cash App introduces parent-managed accounts...
FinTech

Visa and TikTok Launch Creator Card, Enhancing Monetization for Influencers

New financial tool aims to streamline earnings for content creators.Highlights: Visa and TikTok have launched the new Creator...
FinTech

Nium and Coinbase Strengthen Global Stablecoin Settlement Partnership

The collaboration aims to enhance cross-border payments using stablecoins.Highlights: Nium partners with Coinbase to optimize stablecoin settlements.The collaboration...