The Venture Codex Logo

The Venture Codex

Radius Mining

São Paulo, SP, 04538132, Brazil

Overview

Radius Mining builds modular datacenters aimed at bitcoin mining operations. The company was founded by entrepreneur Flávio Hernandez. It recently secured an O&M (Operação e Manutenção) contract with Axia (formerly Eletrobras). Radius Mining raised R$28 million in a seed round led by investor Leonardo Midea. The fundraise and the Axia contract were announced together in the same report.

Total raised
$6M
Funding rounds
1
Latest round
Seed
Latest activity
Apr 2026

Industries

  • Bitcoin
  • Blockchain
  • Data Center
  • Energy
  • Mining
Visit website

Recent funding

  1. Seed

    Apr 2026

    $6M

Team

No current team members are available.