Houston, TX – According to filings with the U.S. Securities and Exchange Commission, Lancium Technologies is raising $110,000,000.00 in new funding. Sources indicate as part of senior management President, Michael McNamara played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lancium Technologies
Lanciums products and services make us a leader in sustainable carbon-neutral, low-cost infrastructure that will be a key component of the decarbonized grid and power the next generation of cryptocurrency mining operations and other distributed, energy intensive applications. Software and technical solutions that enable the faster decarbonization of the electrical grid. Renewable energy is the future. Wind and solar are now the cheapest sources of power nearly everywhere. But to solve intermittency and congestion issues, the grid needs new solutions at very large scale. Lancium Smart Response: A key component of the renewable grid is responsive load. In 2020, Lancium enabled the worlds first Controllable Load Resource data center. Today it works for Bitcoin mining but traditional computing is next. Smart Response allows data centers to resolve congestion and provide critical ancillary services back to the grid.

To learn more about Lancium Technologies, visit http://lancium.com/

Contact:
Michael McNamara, President
646-460-1969
michael.mcnamara@lancium.com
https://www.linkedin.com/in/michael-mcnamara-1055211/

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