Bitfury Group

About

Bitfury is the leading full service bitcoin and blockchain technology company.

Amsterdam,Noord-Holland,The Netherlands
501 - 1000
http://www.bitfury.com

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $80M
Industries: Bitcoin,Blockchain,Data Center,FinTech,Hardware,Information Services,Information Technology,Mining,Mining Technology
Founded date: Jan 1, 2011
Number Of Employee: 501 - 1000
Operating Status: Active
Legal Name: Bitfury Holding B.V.
Also Known As: Bitfury,Bitfury USA,Bitfury Group

Bitfury is the leading full service Blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem. Bitfury develops and delivers both the software and the hardware solutions necessary for businesses, governments, organizations and individuals to securely move an asset across the blockchain.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$170M

Bitfury Group has raised a total of $170M in funding over 2 rounds. Their latest funding was raised on Jul 31, 2018 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 31, 2018	Series Unknown	$80M	14	Korelya Capital	—	Detail
Jan 25, 2017	Series Unknown	$30M	1	Credit China FinTech Holdings	—	Detail
Nov 1, 2016	Grant	—	1	EY Startup Challenge	—	Detail
Jul 9, 2015	Series C	$20M	4	—	—	Detail
Oct 10, 2014	Series B	$20M	4	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

7

4

Bitfury Group has made 7 investments. Their most recent investment was on Sep 15, 2021, when Axelera AI raised $12M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Sep 15, 2021 Axelera AI	Seed	$12M	Artificial Intelligence	Yes
Aug 30, 2021 Cipher Mining	Post-IPO Equity	$425M	Bitcoin	—
Mar 10, 2021 Shyft	Series Unknown	—	Blockchain	—
Dec 11, 2019 Shyft	Corporate Round	—	Blockchain	Yes
Nov 20, 2018 Final Frontier	Corporate Round	—	Bitcoin	Yes

Investors

Number of Lead Investors

Number of Investors

4

27

Bitfury Group is funded by 27 investors. Korelya Capital and Credit China FinTech Holdings are the most recent investors.

Investor Name	Lead Investor	Funding Round
Korelya Capital	Yes	Series Unknown
Credit China FinTech Holdings	Yes	Series Unknown
EY Startup Challenge	Yes	Grant
Argenthal	—	Series Unknown
Armat Group	—	Series Unknown
COIND	—	Series Unknown
Crowd Venture Capital	—	Series Unknown
Dentsu	—	Series Unknown
Foyer	—	Series Unknown
Galaxy Digital	—	Series Unknown