Luxor Technology raised $16 million in a strategic funding round led by CMT Digital, according to an announcement shared with Cointelegraph. Canaan, MicroBT, Halo, Steelhead and angel investors also participated. Luxor said it aims to use the money to scale its agentic cloud platform, grow its AI hardware business, expand compute derivatives trading and hire staff. The company already serves Bitcoin miners and sources GPUs and AI servers for the AI computing market.
