Ionic Digital - About the company
Ionic Digital is a public company, founded in 2024. It operates as a Developer of power ready sites for high performance computing infrastructure. Ionic Digital has raised $400M in funding from investors like Oaktree Capital Management, Sachem Head and Attestor. The company has 1726 active competitors, including 30 funded and 197 that have exited. Its top competitors include companies like Granite Construction, CIMIC Group and Vertiv.
Sectors and market segments that Ionic Digital operate in
Ionic Digital serves in the Real Estate and Construction, Business Services market segments.The primary business model of Ionic Digital are:Company Details
Developer of power ready sites for high performance computing infrastructure. Operations focus on transforming power rich assets into data centers to support large scale computing workloads. This includes securing land with existing energy access and zoning to facilitate infrastructure deployment. These sites provide the necessary foundation for hosting intensive artificial intelligence and machine learning applications.
Key Metrics
Founded Year
2024
Stage
Public
Total Funding
$400M in 1 round
Latest Funding Round
Investors
Ranked
12th among 1726 active competitors
Employee Count
27 as on Sep 30, 2026
Exit Details
Public
Ionic Digital's IPO details
Ionic Digital got listed on Jul 28, 2026.
Click here to take a look at Ionic Digital's IPO in detail
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Ionic Digital's funding and investors
Ionic Digital has raised a total funding of $400M over 1 round. Its latest funding round was a Series D round on Jun 26, 2026 for $400M. 5 investors participated in its latest round. Ionic Digital has 5 institutional investors.
Here is the list of recent funding rounds of Ionic Digital:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 26, 2026 | $400M | Series D | - | - |
View details of Ionic Digital's funding rounds and investors
Ionic Digital's founders and board of directors
Founder? Claim ProfileIonic Digital's employee count trend
Ionic Digital has 27 employees as of Sep 26. Here is Ionic Digital's employee count trend over the years:
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Ionic Digital's Competitors and alternates
Top competitors of Ionic Digital include Granite Construction, CIMIC Group and Vertiv. Here is the list of Top 10 competitors of Ionic Digital, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Granite Construction 1922, Watsonville (United States), Public | Diversified infrastructure solutions provider specializing in construction and construction materials | - | - | 69/100 |
2nd | CIMIC Group North Sydney (Australia), Public | Provider of engineering construction and natural resource project development services | $104M | 65/100 | |
3rd | Vertiv 1946, Westerville (United States), Public | Provider of power, thermal, and IT infrastructure solutions and services | - | 64/100 | |
4th | Provider of consulting services for marine infrastructure development industries | - | 62/100 | ||
5th | Daewoo Engineering & Construction 1973, Seoul (South Korea), Acquired | Provider of tunnel, tidal plants, and other hard infrastructure development services | - | 61/100 | |
6th | KEC International 1945, Mumbai (India), Public | Manufacturer of electric power transmission towers and infrastructure projects | - | - | 60/100 |
7th | Developer of infrastructure projects for transportation water irrigation and mining | - | 59/100 | ||
8th | Adani Infra 2006, Ahmedabad (India), Unfunded | Provider of infrastructure management services for renewable energy projects | - | - | 58/100 |
9th | Provider of factories, roads, power plants, mine sites, arts centres, and infrastructure development services | - | 58/100 | ||
10th | Bechtel 1898, Reston (United States), Funding Raised | Provider of infrastructure development services | - | 58/100 | |
12th | Ionic Digital 2024, Public | Developer of power ready sites for high performance computing infrastructure | $400M | 57/100 |
Looking for more details on Ionic Digital's competitors? Click here to see the top ones
Ionic Digital's Investments and acquisitions
Ionic Digital has made no investments or acquisitions yet.
Reports related to Ionic Digital
Here is the latest report on Ionic Digital's sector:
News related to Ionic Digital
Media has covered Ionic Digital for a total of 9 events in the last 1 year, 5 of them have been about company updates.
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Ionic Digital Receives Provisional Base Load Classification for ERCOT's Batch Zero ProcessGlobeNewswire•Sep 10, 2026•Ionic Digital
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Bitcoin miner Ionic Digital reports 90% revenue from AI lease, faces $35M lossCryptoSlate•Aug 20, 2026•Ionic Digital
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Ionic Digital Supports Texas Governor's Push for Responsible Data Center DevelopmentGlobeNewswire•Aug 18, 2026•Ionic Digital
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Ionic Digital Surges 26% on Nasdaq Debut, Offering Celsius Network Claimholders an Exit RouteCoinDesk•Jul 29, 2026•Ionic Digital
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Ionic Digital Raises $400M Amidst Major Business Shift from Bitcoin Mining to AI InfrastructureBitcoin•Jul 02, 2026•Ionic Digital
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Ionic Digital Announces Filing of Registration Statement for Proposed Direct ListingSina•Jun 30, 2026•Ionic Digital
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Ionic Digital Announces December 2025 Mining and Operations UpdatePR Newswire•Jan 22, 2026•Ionic Digital
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Ionic Digital Reports Financial Results for Fiscal Year 2024Business Wire•Sep 30, 2025•Ionic Digital
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Concerned Stockholders Reaffirm Director Candidates to Drive Change at IonicGlobeNewswire•Jun 18, 2025•Ionic Digital
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