Greenidge

About

Greenidge is a bitcoin mining and power generation company providing blockchain services for its on-site cryptocurrency mining operation.

Dresden,New York,United States
251 - 500
https://greenidge.com/

Highlights

Details

Last Funding Type: Post-IPO Debt
Last Funding Money Raised: $74M
Industries: Bitcoin,Blockchain,Energy,Natural Resources
Founded date: Jan 1, 1937
Number Of Employee: 251 - 500
Operating Status: Active
Stock Symbol: nasdaq:GREE
Legal Name: Greenidge Generation, LLC
Also Known As: Greenidge Generation Holdings

Greenidge is a 106MW natural gas power plant and blockchain mining facility. Greenidge Generation has been transformed into a power plant for the twenty-first century. In January 2020, Greenidge launched the first phase of a data center for blockchain mining.

Greenidge was established in 1937 and is based in Dresden, New York, United States.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$222.50M

Greenidge has raised a total of $222.50M in funding over 2 rounds. Their latest funding was raised on Dec 20, 2022 from a Post-IPO Debt round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 20, 2022	Post-IPO Debt	$74M	1	NYDIG	—	Detail
Mar 24, 2022	Post-IPO Debt	$108M	2	B. Riley Financial NYDIG	—	Detail
Sep 17, 2021	IPO	—	—	—	—	Detail
Feb 9, 2021	Funding Round	$40.50M	—	—	—	Detail