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Luna, a startup that makes money from consumers’ idle computing power, has raised $7 million in seed funding from VCS and Miller Bloomfield. The company plans to use the funds to expand its team and grow its business. luna vcsmillerbloomberg

Luna is a startup that allows users to rent out their idle computing power in exchange for cash. The company has raised $7 million in seed funding from VCS and Miller Bloomfield. luna vcsmillerbloomberg

Luna VC, a New York-based early stage venture capital firm, has closed its inaugural fund with $22 million in commitments. luna vcsmillerbloomberg

The firm was founded in 2018 by partners Alex Bloom and Victoria Miller. Luna will focus on investments in consumer and enterprise technology companies. luna vcsmillerbloomberg

Bloom, who previously worked as a principal at RRE Ventures, and Miller, who spent four years as an investor at Lerer Hippeau, have already made three investments from the fund.

Venture capitalist Scott Miller is betting on the moon.

Miller, who has invested in companies such as SpaceX and Tesla, is now turning his attention to the moon. He’s investing in a startup that plans to mine the moon for resources and build a base there.

The startup, called Luna, has already raised $1 million from investors. And Miller believes that it could be the key to humanity’s future in space.

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