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
Investors
Ranked
8th among 923 active competitors
Employee Count
25 as on Aug 31, 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 $*****. 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 |
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 25 employees as of Aug 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 ACCIONA, BVG India 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 | Developer and manager of sustainable infrastructure solutions, especially in renewable energy | - | 76/100 | ||
2nd | Provider of integrated facility management, emergency response, waste management, and renewable energy solutions | $10M | 68/100 | ||
3rd | Vertiv 1946, Westerville (United States), Public | Provider of power, thermal, and IT infrastructure solutions and services | - | 64/100 | |
4th | Transrail Lighting 1984, Mumbai (India), Public | Developer of electricity transmission based utility projects | $19.8M | 63/100 | |
5th | Provider of consulting services for marine infrastructure development industries | - | 63/100 | ||
6th | Power Mech Projects 1999, Hyderabad (India), Public | Provider of engineering and power generation infrastructure construction services | $8.59M | 59/100 | |
7th | Bechtel 1898, Reston (United States), Funding Raised | Provider of infrastructure development services | - | 55/100 | |
8th | Ionic Digital 2024, Public | Developer of power ready sites for high performance computing infrastructure | $400M | 51/100 | |
9th | VNET Group 1996, Beijing (China), Public | Provider of data center services | - | 49/100 | |
10th | EdgeMode 2020, Chicago (United States), Public | Provider of AI data center infrastructure and energy storage systems | - | 48/100 |
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 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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