In a statement released today by BitFury Group, the company announced that it had raised an additional $20 million from investors including DRW Venture Capital, iTech Capital, and Georgian Co-Investment Fund. The company expects to use the money to accelerate growth and continue develop next-generation chips beyond the recently launched energy-efficient 28 nanometer chip.

There has been a significant amount of venture money moving into mining and infrastructure companies. With this $20 million, BitFury remains the most financed company, having raised two other $20 million rounds over the past three years. This funding brings total funds to $60 million, which is $31 million more than KncMiner. This brings total infrastructure investment to $116.5 million.