# Digital Power Optimization

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digital-power-optimization

- Industry: Power & Utilities
- Headquarters: New York, US
- Website: www.digitalpoweroptimization.com
- Total disclosed funding: $2.5M
- Latest round: Series A (Feb 9, 2022)
- Investors on record: 4

## About

Based in New York, US, and founded in 2020 by Andrew Webber and Alex Stoewer, Digital Power Optimization Inc. operates as an energy service provider. In February 2022, Digital Power Optimization Inc. raised USD 2.5 million in series A funding led by new investor New York Digital Investment Group LLC along with Wakestream Ventures, NBDR Ventures and Luxor Technology Corporation. 

DPO offers a proprietary cryptocurrency mining as a service (CMaaS™) solution for energy generation which includes analysis of generation asset's capacity, operating costs, current operations and revenue plan, available grid pricing and other offtake, uptime; assistance with financing, project design, electrical and networking infrastructure engineering; and sourcing, inspecting, transporting, installing, and operating mining computers matched to the power generation profile.

DPO generates revenue by collecting an appropriate and negotiable fee in exchange for consulting, setup, and ongoing management services.

The company plans to use the funds to continue growing its team of experts and bring cryptocurrency mining as a service (CMaaS) to the global power and utility industries.

## Funding rounds

- Series A, Feb 9, 2022, $2.5M — Wakestream Ventures, New York Digital Investment Group LLC, Luxor Technology Corporation, NBDR Ventures

## Investors

- Wakestream Ventures (https://capitalatlas.ai/funds/wakestream-ventures) — Series A
- New York Digital Investment Group LLC — Series A
- Luxor Technology Corporation — Series A
- NBDR Ventures (https://capitalatlas.ai/funds/nbdr-ventures) — Series A