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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 923 active competitors, including 22 funded and 106 that have exited. Its top competitors include companies like ACCIONA, BVG India and Vertiv.

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
Ranked
Employee Count
25 as on Aug 31, 2026
Similar Companies
Exit Details
Public

Ionic Digital's IPO details

Ionic Digital got listed on Jul 28, 2026.
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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 $*****. 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
7616230
Series D
3460597
4268178
2900486
1443647
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Ionic Digital's founders and board of directors

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Ionic Digital's employee count trend

Ionic Digital has 25 employees as of Aug 26. Here is Ionic Digital's employee count trend over the years:
Employee count trend for Ionic Digital
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Ionic Digital's Competitors and alternates

Top competitors of Ionic Digital include ACCIONA, BVG India and Vertiv. Here is the list of Top 10 competitors of Ionic Digital, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ACCIONA
ACCIONA
1931, Madrid (Spain), Acquired
Developer and manager of sustainable infrastructure solutions, especially in renewable energy
-
76/100
2nd
Logo for BVG India
BVG India
1993, Pune (India), Early Stage
Provider of integrated facility management, emergency response, waste management, and renewable energy solutions
$10M
68/100
3rd
Logo for Vertiv
Vertiv
1946, Westerville (United States), Public
Provider of power, thermal, and IT infrastructure solutions and services
-
64/100
4th
Logo for Transrail Lighting
Transrail Lighting
1984, Mumbai (India), Public
Developer of electricity transmission based utility projects
$19.8M
63/100
5th
Logo for DEME
DEME
1991, Zwijndrecht (Belgium), Public
Provider of consulting services for marine infrastructure development industries
-
63/100
6th
Logo for Power Mech Projects
Power Mech Projects
1999, Hyderabad (India), Public
Provider of engineering and power generation infrastructure construction services
$8.59M
59/100
7th
Logo for Bechtel
Bechtel
1898, Reston (United States), Funding Raised
Provider of infrastructure development services
-
55/100
8th
Logo for Ionic Digital
Ionic Digital
2024, Public
Developer of power ready sites for high performance computing infrastructure
$400M
51/100
9th
Logo for VNET Group
VNET Group
1996, Beijing (China), Public
Provider of data center services
-
49/100
10th
Logo for EdgeMode
EdgeMode
2020, Chicago (United States), Public
Provider of AI data center infrastructure and energy storage systems
-
48/100
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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

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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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FAQs about Ionic Digital

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