Lancium Technologies Raises $150M in Financing
Lancium Technologies Corporation, a Houston, TX-based technology company focused on the energy transition, raised $150m in financing. Led by Michael McNamara, co-founder and CEO, Lancium is a technology company creating software, technical solutions and energy infrastructure that together are decarbonizing the grid. Lancium operates Clean Campuses, which are built at critical points on the transmission system that are often overwhelmed with renewable energy. Its Smart Responseâ„¢ software enables Clean Campuses to function as Controllable Load Resources (CLRs) to the electrical grid. Clean Campuses will host Bitcoin mining, high throughput computing and other energy intensive applications.