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 plans to use the money to scale its agentic cloud platform, grow its AI hardware business, expand its compute derivatives trading capabilities and hire staff.
Luxor serves Bitcoin miners and sources GPUs and AI servers for the AI computing market. The company said it launched its Luxor AI business segment in September to extend its mining-focused hardware, software and compute trading services into AI and high-performance computing.
