Bitcoin mining hardware startup Fabric Systems raised $13 million in a seed round to fund the development of two core launch products including a liquid
immersion-cooled ASIC machine it claims will achieve an energy efficiency of 20 watts per terahash . Investors include bitcoin miner TeraWulf, Skype co-founder Jaan Tallinn’s fund Metaplanet, Blockchain.
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Crypto Startup Fabric Systems Raises $13M Seed Round to Provide Blockchain HardwareThe funding included participation from Metaplanet – run by Skype co-founder Jaan Tallinn – Blockchain.com and 8090 Ventures.
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