Blockmate raises C$1m for Wyoming AI data center
Published: 09:00 14 Jul 2026 EDT
Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF, FRA:8MH) chairman Domenic Carosa joined Proactive's Stephen Gunnion to discuss the company's C$1 million capital raise and plans for its Wyoming AI Data Center project.
Carosa said the funds will advance the proposed facility towards "shovel-ready" status over the next six to twelve months, with directors participating in 29% of the raise — a sign, he said, of the group's conviction in the project. The site covers approximately 100 acres, with zoning work underway with the local city as a key near-term milestone.
The company is in discussions with potential partners, including hyperscalers and neoclouds, who could take over the facility post-construction. "Our objective over the next 6 to 12 months is to get at what is called shovel-ready," Carosa said.
Following a Vancouver roadshow and with Toronto meetings ahead, Carosa acknowledged the company needs to communicate its story more actively in 2026 after a quieter 2025. The speed of the raise, he said, reflects growing investor interest — with the focus now firmly on execution.
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