Luxor Technology completed a $16 million strategic funding round led by CMT Digital, according to BlockBeats.
Funding supports computing-power expansion
Canaan, MicroBT, Halo, Steelhead and other angel investors also participated. The round includes new share issuance and secondary share transfers, with investors drawn from the computing-power supply chain served by Luxor. Luxor launched its Luxor AI business in September to extend capabilities from Bitcoin mining into artificial intelligence and high-performance computing.
Read the English BlockBeats flash (original Chinese: BlockBeats flash).