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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 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
Ranked
Employee Count
27 as on Sep 30, 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 $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
-
-
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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 27 employees as of Sep 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 Granite Construction, CIMIC Group 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 Granite Construction
Granite Construction
1922, Watsonville (United States), Public
Diversified infrastructure solutions provider specializing in construction and construction materials
-
-
69/100
2nd
Logo for CIMIC Group
CIMIC Group
North Sydney (Australia), Public
Provider of engineering construction and natural resource project development services
$104M
65/100
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 DEME
DEME
1991, Zwijndrecht (Belgium), Public
Provider of consulting services for marine infrastructure development industries
-
62/100
5th
Provider of tunnel, tidal plants, and other hard infrastructure development services
-
61/100
6th
Logo for KEC International
KEC International
1945, Mumbai (India), Public
Manufacturer of electric power transmission towers and infrastructure projects
-
-
60/100
7th
Logo for NCC
NCC
1978, Hyderabad (India), Public
Developer of infrastructure projects for transportation water irrigation and mining
-
59/100
8th
Logo for Adani Infra
Adani Infra
2006, Ahmedabad (India), Unfunded
Provider of infrastructure management services for renewable energy projects
-
-
58/100
9th
Logo for Aecon
Aecon
1877, Toronto (Canada), Acquired
Provider of factories, roads, power plants, mine sites, arts centres, and infrastructure development services
-
58/100
10th
Logo for Bechtel
Bechtel
1898, Reston (United States), Funding Raised
Provider of infrastructure development services
-
58/100
12th
Logo for Ionic Digital
Ionic Digital
2024, Public
Developer of power ready sites for high performance computing infrastructure
$400M
57/100
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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.
•
•
Ionic Digital Reports Financial Results for Fiscal Year 2024Business Wire•Sep 30, 2025•Ionic Digital
•
Ionic Digital Reports Preliminary Fiscal Year 2024 EarningsBusiness Wire•Jun 27, 2025•Ionic Digital
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FAQs about Ionic Digital

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