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NEW YORK, Jan. 27, 2021 /PRNewswire/ Digital Power-Optimization LLC (or DPO ) has completed a $440,000 Seed II funding round at a $4,000,000 post-money valuation. DPO is the world s only provider of Cryptocurrency Mining as a Service (CMaaS)™, helping energy producers to maximize the profitability and efficiency of power generation assets and related infrastructure.
DPO had previously raised a $100,000 Seed I funding round in September 2020 and began initial mining operations in November 2020. The company is currently in discussions with multiple power-generation partners and is seeking to expand operations to several sites around the U.S. and Europe in the near future. The latest funding will allow DPO to increase headcount, ramp up marketing and business development efforts, and deploy additional mining computers at new pilot locations.