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- Lancium Technologies
Lancium Technologies Valuation, Funding & Investors
Lancium Technologies is valued at $10B as of August 2026.
Last Lancium Technologies valuation
$10B
Strategic investment · Aug 2026
Last Lancium Technologies funding round
$3B
Strategic investment · Aug 2026
Cumulative funding Lancium Technologies raised
$3.6B
across 3 funding rounds
Key investors in Lancium Technologies
Blackstone
NVIDIA
SBI Holdings
Hanwha Solutions
About Lancium Technologies
Lancium Technologies is a Houston-based developer of data centers optimized for renewable energy integration. The company deploys distributed computing infrastructure at wind and solar farms in Texas, absorbing excess power to perform high-performance calculations. Lancium operates facilities like the 100 MW Pecos Valley site, partnering with utilities to stabilize grids and monetize curtailment periods.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$10B (Aug 2026)
Lancium Technologies Valuation
Lancium Technologies is currently valued at $10B, based on its strategic investment round in August 2026.
The $3B round was led by NVIDIA.
Lancium Technologies valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2026 | Strategic investment | $10B |
Lancium Technologies Funding History
Lancium Technologies has raised a total of $3.6B across 3 funding rounds.
Lancium Technologies' first fundraising round was a $150M strategic investment round in November 2021. The most recent completed round was a $3B strategic investment round in August 2026.
Lancium Technologies funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2026 | Strategic investment | NVIDIA (lead) | $3B | $10B | NVIDIA agreed to make a strategic investment of up to $3 billion in Lancium in August 2026, with an initial $2 billion investment for roughly a 20% stake and up to an additional $1 billion contingent on Lancium meeting specified grid-hookup and power-infrastructure milestones. The transaction implies an enterprise value of about $10 billion for Lancium and its land and power assets. The investment supports Lancium’s expansion of power-secured AI factory campuses and its role in providing large-scale, power-ready capacity for NVIDIA’s full-stack AI infrastructure ecosystem. Lancium’s portfolio includes about 4 gigawatts of leased capacity and a development pipeline exceeding 15 gigawatts of powered land, positioning it as a critical infrastructure partner for high-demand AI workloads. Lancium is backed by Blackstone, including funds managed by Blackstone Energy Transition Partners and Blackstone Multi-Asset Investing. Lancium is an energy technology and infrastructure company focused on developing gigawatt-scale AI factory campuses in Texas and other power-secured sites. The company has indicated that the capital is intended to help expand operations as it weighs a potential public listing in 2027. |
| Nov 2024 | Undisclosed stage | Blackstone (lead) | $500M | - | Lancium Technologies, originally launched in 2017 as a cryptomining firm colocating data centers at renewable energy sites like wind farms, has pivoted to AI data centers amid surging demand. The company currently operates a 325MW campus near Fort Stockton, Texas, with much dedicated to mining, and is developing a large Abilene campus (Project Artemis) offering initial 200MW capacity, potentially scaling to 1GW by 2025 and 2GW eventually, set to launch next year via a $3.4 billion joint venture with Blue Owl Capital, Crusoe Energy Systems, and Primary Digital Infrastructure. Blackstone Inc. recently completed an equity investment exceeding $500 million in Lancium to fund construction of five data center campuses totaling over 5 gigawatts in West Texas regions rich in wind and solar energy, aiming for online status by approximately 2028. Lancium builds the facilities, while tech customers supply their own computing equipment; the investment covers capital needs and explores zero-carbon integrations like on-site solar and battery storage. Goldman Sachs advised Lancium on the transaction, which closed in recent weeks but remains non-public. This funding supports Lancium's response to global power grid strains from AI-driven data center growth, including grid upgrades like substations and transmission. The firm addresses challenges by leveraging clean energy, contrasting its prior crypto focus approved in 2021 for Abilene. Blackstone's move aligns with its $70 billion data center portfolio and $100 billion pipeline, including investments in QTS, AirTrunk, Vnet, and joint ventures with Digital Realty. |
| Nov 2021 | Strategic investment | Hanwha Solutions (lead); SBI Holdings | $150M | - | Lancium Technologies Corporation, a Houston-based technology company focused on the energy transition, closed a $150 million financing round on November 23, 2021, led by Hanwha Solutions Corporation with a $100 million investment, earning a board seat. The round included participation from SBI Holdings, Inc., Novawulf, other strategic energy investors, and existing early-stage investors, with an additional $40 million tranche planned. Financial advisors BTIG, LLC and BitOoda supported Lancium, while Skadden, Arps, Slate, Meagher & Flom LLP represented Hanwha. Lancium develops Clean Campuses at key transmission grid locations to manage renewable energy overloads using its Smart Response software, enabling these sites to function as Controllable Load Resources. The campuses host energy-intensive operations like Bitcoin mining and high-throughput computing. At the time, Lancium had over 2,000 MW of capacity in development across its Clean Campuses, with significant additional capacity expected online soon to support its high-growth strategy. Hanwha Solutions, a global leader in clean energy solutions and owner of Q CELLS, aims to expand its renewable energy business through this investment, targeting intensive energy users to deliver affordable, stable renewable power and advance carbon-free goals. The financing enables Lancium to accelerate deployment of its technology for grid stability and clean energy utilization amid growing demand from cryptocurrency and computing sectors. |
Who has invested in Lancium Technologies?
4 investors have backed Lancium Technologies across its funding rounds, including Blackstone, NVIDIA, SBI Holdings and Hanwha Solutions.
Lead investors include NVIDIA, Blackstone and Hanwha Solutions.
Lancium Technologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Nov 2021 | ||
| 1 | Lead | Aug 2026 | ||
This data is available for Pro users. Sign up to see all 4 Lancium Technologies investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialLancium Technologies Competitors
Lancium Technologies competitors include listed companies like Brookfield Renewable Partners, REC, Antero Midstream and Sigenergy Technology Co, and private ones like 50Hertz and The Faraday Grid.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $6.4B | $4.8B | $8.9B | 11.7x | ||
| Publicly listed | $2.3B | $2.2B | $8.6B | 25.9x | ||
| Private | - | - | $6B | - | ||
| Private | - | - | $3.7B | - | ||
| Publicly listed | $1.3B | $960M | $10B | 10.6x | ||
| Publicly listed | $1.3B | $504M | $9.8B | 3.9x |
Lancium Technologies Public Comps
Lancium Technologies is still privately-owned, but its public comps include Antero Midstream, Sigenergy Technology Co, JSW Energy, Goldwind Science, Forgent Power Solutions, Darling Ingredients, Enlight Renewable Energy, Nordex, Brookfield Renewable Partners and Keyera.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.3B | $960M | 10.9x | 10.6x | 14.3x | 11.5x | |||
| $1.3B | $504M | 7.4x | 3.9x | 19.6x | 12.7x | |||
| $1.9B | $1.1B | 8.9x | 8.0x | 15.9x | 14.6x | |||
| $11B | $1.3B | 1.4x | 1.2x | 12.1x | 10.6x | |||
| $1.4B | $249M | 7.9x | 6.8x | 44.9x | 29.3x | |||
| $6.1B | $792M | 2.4x | 2.2x | 18.4x | 7.7x | |||
| $582M | $461M | 27.5x | - | 34.7x | - | |||
| $8.7B | $723M | 1.0x | 0.9x | 12.4x | 9.3x | |||
This data is available for Pro users. Sign up to see all Lancium Technologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Lancium Technologies
| When was Lancium Technologies founded? | Lancium Technologies was founded in 2017. |
| Where is Lancium Technologies headquartered? | Lancium Technologies is headquartered in Houston, TX, United States. |
| Is Lancium Technologies publicly listed? | No, Lancium Technologies is a private, VC-backed company. |
| What is Lancium Technologies' valuation? | Lancium Technologies was last valued at $10B in its strategic investment round in August 2026. |
| How much funding has Lancium Technologies raised? | Lancium Technologies has raised $3.6B across 3 funding rounds. |
| What was Lancium Technologies' last funding round? | Lancium Technologies' last funding round was a $3B strategic investment round in August 2026, led by NVIDIA. |
| Who are Lancium Technologies' investors? | Lancium Technologies' investors include Hanwha Solutions, NVIDIA, SBI Holdings and Blackstone. |
| Which companies are comparable to Lancium Technologies? | Companies comparable to Lancium Technologies include Brookfield Renewable Partners, REC, 50Hertz, The Faraday Grid, Antero Midstream and Sigenergy Technology Co. |
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