Clean Integration

Soluna Raises $35M From Spring Lane Capital

Episode Summary

We talk to Rob Day, Co-Founder and Partner at Spring Lane Capital about the details of this $35M project financing deal with Soluna Computing, what it means for Soluna’s development, and what it represents for the future of clean computing.

Episode Notes

Soluna has recently secured $35 million in project financing to continue our mission of developing green data centers co-located with renewable energy assets.

We’re honored to have a pioneering sustainability project finance firm–Spring Lane Capital–back our model of leveraging excess clean energy to generate low-cost computing. 

We share a conviction that this is the future of green bitcoin mining and green data centers. 

In this episode, we talk to Rob Day, Co-Founder and Partner at Spring Lane Capital. 

Spring Lane Capital is a private equity firm focused on investments for sustainable solutions in the energy, water, food, and waste sectors. Their investment in our data center projects is a part of their strategy focused on hybrid project capital for sustainability solutions in the energy industry. 

Prior to co-founding Spring Lane Capital, Rob was a Partner at Black Coral Capital, a cleantech investing firm, and Principal at several cleantech VC firms. Rob brings his expertise from two decades of investing in energy tech.

This episode will be a bit different

Melissa Baldwin, the Senior Vice President of Tigercomm, which is Soluna’s public relations agency of record, will be hosting today’s conversation between Soluna Computing CEO John Belizaire and Rob as we dive into the details of this project financing deal, what it means for Soluna’s development, and what it represents for the future of clean computing.

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If you enjoyed this conversation and want to read more on this subject, check out Building the Future of Computing: Soluna's Modular Data Centers on our blog! 

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To learn more about Soluna, please visit solunacomputing.com