Lancium Technologies Corp
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Lancium Technologies Corp - overview
Established
2017
Location
-, TX, US
Primary Industry
Renewable Energy
About
Based in Texas, US, and founded in 2017 by Michael McNamara, Lancium LLC, a. k. a. Lancium Technologies Corporation is a technological firm tasked with developing software and intellectual property systems that would allow more renewable energy to be integrated into the grid.
In October 2025, Lancium Technologies Corp raised USD 600 million in venture debt funding from unspecified investors. Michael McNamara serves as its CEO. Lancium Technologies’ product line includes data centers and distributed compute and data management software. Lancium data centers are collocated at renewable facilities to draw load when prices are low and drop load when power is expensive or unavailable.
In addition, the company’s data centers have no HVAC, UPS, or redundant systems, which results in cost savings. Lancium’s distributed compute and data management software helps in migrating and scheduling workloads to different data centers as required. The company generates revenue by providing its compute elements and GPUs at USD 0. 01 per hour and USD 0.
10 per hour to the customers. The company will use the October 2025 funding to advance its clean campus development strategy, starting with the 1. 2 GW Lancium Clean Campus in Abilene, Texas and to provide flexibility for additional projects.
Current Investors
SBI Holdings, Hanwha Solutions
Primary Industry
Renewable Energy
Sub Industries
Data Centers, Solar Power, Wind Power
Website
www.lancium.com
Verticals
Clean Technology
Total Amount Raised
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