Founded

Address

Bitmain Technologies Ltd
Beijing
China

Open map


Recent investment activity

KANDO id: 562916

Corporate information

Official name
Bitmain Technologies Ltd.
Registration country

Company type

Maker of chips and machines for mining Bitcoin.

Overview

Bitmain is a privately owned company headquartered in Beijing, China, with offices in Shenzhen, Shanghai, Chengdu, Hong Kong, Fuzhou, US, Israel, Netherlands and Switzerland. It is the world's largest designer of ASIC chips for Bitcoin mining. The company also operates Antpool, historically one of the largest bitcoin mining pools.



Funding rounds

Venture USD 422,050,000


USD 422,050,000 ( ) at USD 15,000,000,000 pre-money valuation

Profile Country Notes
Bluebell Global Holdings USD 30,000,000 (USD 30,000,000) Initial investment.
Casmain USD 43,010,000 (USD 43,010,000) Initial investment.
CICFH Entertainment Opportunity USD 40,010,000 (USD 40,010,000) Initial investment.
Crimson Ventures LLC USD 149,090,000 (USD 149,090,000) Initial investment.
Gortane Avatar Investments USD 30,000,000 (USD 30,000,000) Initial investment.
Jumbo Sheen Amber LP USD 30,000,000 (USD 30,000,000) Initial investment.
Lioness Capital USD 33,010,000 (USD 33,010,000) Initial investment.
Newegg Technology USD 15,000,000 (USD 15,000,000) Initial investment.
Palace Investments USD 30,000,000 (USD 30,000,000) Initial investment.
Pavilion Capital Holdings Pte Ltd USD 20,000,000 (USD 20,000,000) Initial investment.
Shanghai Investment Corp USD 12,000,000 (USD 12,000,000) Initial investment.
Xin BM Investment USD 20,000,000 (USD 20,000,000) Initial investment.
Coatue Management LLC Privately owned hedge fund sponsor.
EDB Investments Pte The venture arm of Singapore's Economic Development Board.
IDG Capital Partners
Sequoia Capital China

Series B USD 292,700,000


USD 292,700,000 ( )

Profile Country Notes
Sequoia Capital China USD 128,950,000 (USD 128,950,000) Initial investment. Led the round. (SCC Venture)
Blue Lighthouse USD 25,990,000 (USD 25,990,000) Initial investment.
China Taijia USD 29,990,000 (USD 29,990,000) Initial investment.
Coatue Management LLC Privately owned hedge fund sponsor. USD 17,490,000 (USD 17,490,000) Initial investment.
EDB Investments Pte The venture arm of Singapore's Economic Development Board. USD 13,990,000 (USD 13,990,000) Initial investment.
FBH Partners USD 990,000 (USD 990,000) Initial investment.
FreeS Bit SPV Fund USD 7,990,000 (USD 7,990,000) Initial investment.
Han Guang Capital USD 3,990,000 (USD 3,990,000) Initial investment.
Richway Investment USD 4,990,000 (USD 4,990,000) Initial investment.
Rising Delight Enterprises USD 7,990,000 (USD 7,990,000) Initial investment.
SC GGFIII USD 49,980,000 (USD 49,980,000) Initial investment.

Series A USD 50,000,000


USD 50,000,000 ( )

Profile Country Notes
IDG China USD 1,200,000 (USD 1,200,000) Initial investment. Led the round.
Sequoia Capital China USD 18,750,000 (USD 18,750,000) Initial investment. Led the round. (SCC Venture)
Beijing HuaHong IC Design Co Ltd USD 800,000 (USD 800,000) Initial investment.
Blue Lighthouse USD 4,250,000 (USD 4,250,000) Initial investment.
Richway Investment USD 12,500,000 (USD 12,500,000) Initial investment.
Sinovation Ventures Early stage venture capital firm focusing on Chinese and US technology startups. USD 12,500,000 (USD 12,500,000) Initial investment.

Profile Country Notes
Lightspeed Management Company LLC Multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors. Initial investment.

Top investment portfolio themes


Investment activity status
Active investor

Selected investments

Displaying 1 - 3 of 3
Profile Country Date Funding
Circle Internet Financial Inc Consumer finance company focused on transforming the world economy with secure, simple, and less costly technology for storing and using bitcoin. Series E
Global Digital Mercantile Ltd Cryptocurrency financier. N/A Initial investment USD 1,000,000 (USD 1,000,000) Purchase of a 5% equity stake.
Opera Ltd The corporate entity behind the Opera internet browser. N/A Initial investment USD 50,000,000 (USD 50,000,000) Purchase of a 3% equity stake.

Current employees

Employee Position
Jihan Wu photo Jihan Wu (founder)
[node:title] photo Micree Zhan (founder)

Financials