Bitmain

company

About

Bitmain is a design and manufacture of high performance computing chips and software.

Details

Last Funding Type
Series A
Last Funding Money Raised
$50M
Industries
Application Specific Integrated Circuit (ASIC),Bitcoin,Electronics,Manufacturing,Semiconductor
Founded date
Jan 1, 2013
Number Of Employee
1001 - 5000
Operating Status
Active

Bitmain is a manufacturer of Bitcoin mining hardware and other related services.

Bitmain was founded by several of the digital currency industry’s earliest players, and their team is comprised of passionate and pedigreed engineers, financial experts, and Bitcoin enthusiasts.

Bitmain is headquartered in Beijing and has offices in San Francisco, Tel Aviv, Hong Kong, Chengdu and Shenzhen.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$764.70M
Bitmain has raised a total of $764.70M in funding over 2 rounds. Their latest funding was raised on Aug 7, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 7, 2018 Series B $422M 7 Crimson Ventures Detail
Jun 11, 2018 Series B $292.70M 5 Sequoia Capital China Detail
Sep 4, 2017 Series A $50M 3 IDG Capital
Sequoia Capital China
Sinovation Ventures
Detail

Investments

Number of Investments
Number of Lead Investments
36
13
Bitmain has made 36 investments. Their most recent investment was on Sep 23, 2021, when Joystream raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 23, 2021 Joystream
Seed Blockchain
Jun 25, 2020 Ava Labs
Initial Coin Offering $12M Blockchain Yes
Jun 1, 2020 SAIHEAT
Angel ¥10M Cloud Computing
Oct 7, 2019 NuCypher
Initial Coin Offering $10.68M Blockchain
Apr 3, 2019 Liquid Global
Series C ¥1B Bitcoin

Investors

Number of Lead Investors
Number of Investors
5
14
Bitmain is funded by 14 investors. Crimson Ventures and Sequoia Capital China are the most recent investors.
Investor Name Lead Investor Funding Round
Crimson Ventures Yes Series B
Sequoia Capital China Yes Series B
IDG Capital Yes Series A
Sinovation Ventures Yes Series A
CAS Investment Management Series B
Huangpu River Capital Series B
Jumbo Sheen Group Series B
Newegg Series B
Norís Capital Series B
Temasek Holdings Series B

Employee Profiles

Number of Employee Profiles
4
Bitmain has 4 current employee profiles, including Executive Jihan Wu
Executive
Employee
Employee
Employee

Exits

Bitmain has had 3 exits. Bitmain most notable exits include Liquid Global ,   ErisX

Date Company Name Exit Type Industry
Feb 2, 2022 Liquid Global M&A Bitcoin Detail
Oct 20, 2021 ErisX M&A Blockchain Detail
May 6, 2021 Simplex M&A Bitcoin Detail

Acquisition

Bitmain has acquired 1 organizations. Their most recent acquisition was BlockTrail on Jul 20, 2016. They acquired BlockTrail for 0.

Date Company Name
Industry Acquisition Type Price
Jul 20, 2016 BlockTrail
Big Data acquisition Detail