Tech Company Financing Transactions
Soluna Funding Round
Soluna secured a $20 million funding round on 7/22/2025. Backers included Spring Lane Capital.
Transaction Overview
Company Name
Announced On
7/22/2025
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Spring Lane Capital (Rob Day)
Proceeds Purpose
With these funds, Soluna will commence Project Kati 1 construction in Q3 2025, with the goal of achieving initial energization and ramp-up by Q1 2026.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
325 Washington Ave. Extension
Albany, NY 12205
USA
Albany, NY 12205
USA
Phone
Website
Email Address
Overview
Soluna is on a mission to solve one of renewable energy's biggest challenges: wasted power. Our data centers convert excess solar, hydro, and wind energy into productive computational work, such as Bitcoin mining, artificial intelligence, and machine learning. By co-locating with renewable power sources, we bring demand directly to the source, helping power plants increase revenue while contributing more megawatts to the grid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Belizaire
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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