Fundraising Fox

Soluna

NASDAQ: SLNH

New York, US · Founded 2018 · 2 known investors

Find your way into Soluna

Soluna builds data centers co-located with wind, solar, and hydro plants to convert surplus renewable energy into computing capacity for AI and Bitcoin mining, managed by its MaestroOS software. It offers Bitcoin hosting infrastructure and Soluna Cloud, which helps businesses train and tune generative AI models.

Founders & leadership

Soluna was founded in 2018 by John Belizare.

JBJohn Belizare
John BelizareFounder
JBJohn Belizaire
John BelizaireinChief Executive OfficerJohn Belizaire previously served as lead architect for Intel's Digital Enterprise Group and founded FirstBest and Theory Center, both acquired. He is now CEO of Soluna, which operates data centers powered by renewable energy for AI and Bitcoin mining infrastructure.
MPMichael Picchi
Michael PicchiinChief Financial OfficerHe brings over 30 years of finance and accounting experience, including leading IPOs and company acquisitions, and prior expertise in energy, smart grid, and utility sectors.
JLJessica L. Thomas
Jessica L. ThomasinChief Accounting Officer (CAO)Chief Accounting Officer at Soluna, a renewable energy data center company. Thomas brings finance and operations leadership experience focused on P&L improvement and cross-functional team management.
MOMary O'Reilly
Mary O'ReillyinChief People OfficerChief People Officer at Soluna, Mary O'Reilly brings senior-level HR experience in organizational design and scaling, with expertise in talent acquisition, performance management, and leadership development.
RCRyan Carver
Ryan CarverinChief Development OfficerChief Development Officer at Soluna, responsible for data center site selection, design, permitting, construction, commissioning, and operations.
MLMatthew Lipman
Matthew LipmaninBoard MemberManaging Director at Brookstone Partners
BP
Bill PhelanNamed on SEC filing

Investors · 2

Reported raises · per SEC filings

Form D private placements

$2.3M disclosed across 2 rounds · 2018–2020

$1.8MraisedMar 2020 · 2 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • John BelizareExecutive Officer, Director
  • Matthew LipmanDirector
  • Bill PhelanDirector
Offering amount
$2M
Amount sold
$1.8M
Minimum investment
$250K
Proceeds to insiders
$53.3K
First sale
Mar 2018
Incorporated
Other, British Columbia, Canada, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$500KraisedMar 2020 · 2 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew LipmanDirector
  • John BelizareExecutive Officer, Director
  • Bill PhelanDirector
Offering amount
$10M
Amount sold
$500K
Minimum investment
$250K
Proceeds to insiders
$53.3K
First sale
Jan 2020
Incorporated
Other, British Columbia, Canada, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Soluna went on to found or lead other companies.

In the news

Frequently asked questions

What does Soluna do?
Soluna builds data centers co-located with wind, solar, and hydro plants to convert surplus renewable energy into computing capacity for AI and Bitcoin mining, managed by its MaestroOS software. It offers Bitcoin hosting infrastructure and Soluna Cloud, which helps businesses train and tune generative AI models.
Who founded Soluna?
Soluna was founded by John Belizare in 2018.
Who are Soluna's investors?
Soluna's investors include Generate Capital, Spring Lane Capital.
How much funding has Soluna raised?
Soluna has disclosed $2.3M raised across 2 rounds.
Where is Soluna headquartered?
Soluna is headquartered in New York, US.