About Bitmain
Bitmain is a design and manufacture of high performance computing chips and software.
Headquarters
Bitmain, Beijing
Founded
2013-01-01
Industry
Application Specific Integrated Circuit (ASIC), Bitcoin, Electronics, Manufacturing, Semiconductor
Last Funding Type
Series B
Valuation
15
Total Funding
$764.70 million dollars
IPO Status
Private
Financial
Bitmain is actively researching and developing high-performance computing technologies, focusing on chip modules, dynamic latches, and computing apparatuses for proof of work. Their innovations include a chip module with a heat-dissipating metal sheet, a dynamic latch for semiconductor chips, and a computing apparatus designed for proof of work, which includes selectors and compressors. These developments align with Bitmain's expertise in designing and manufacturing high-performance computing chips and software, highlighting their commitment to advancing computing power and efficiency.
Funding Rounds
3
Number of Lead Investors
4
Total Funding Amount
$764.70 million dollars
Number of Investors
14
Bitmain vs. Other Decacorns
| Company | Valuation | Total Funding | Funding Rounds |
|---|---|---|---|
| Bitmain | $15B | $764.70M | 3 |
| Coupang | $60B | $3.42B | 13 |
| BitPanda | $4B | $554.01M | 7 |
| Clubhouse | $16B | - | - |
| Tellium | $2B | $50.00M | 2 |
| Grove Collaborative | $1.5B | $621.50M | 9 |
| NJOY | $5B | $494.30M | 12 |
| Insightec | $3B | $882.90M | 12 |
| Epirus | $1B | $287.63M | 4 |
| Groq | $4B | $1.00B | 6 |
| SpaceX | $137B | $9.77B | 38 |
| Tesla | $684B | $20.16B | 39 |
| Diamond Foundry | $13B | $350.00M | 4 |
| Zetwerk | $3B | $868.25M | 17 |
| RELX Technology | $18.6B | $5.76M | 4 |
| Tonal | $3B | $580.00M | 7 |
| Roku | $1.3B | $212.01M | 11 |
| Trumid | $5B | $458.25M | 7 |
| Just Egg | $8B | - | 3 |
| Spreadtrum | $2B | $2.14B | 8 |
| Mellanox Technologies | $0.5B | $89.30M | 4 |
| Block | $53B | - | - |
| Allbirds | $2.2B | $202.45M | 8 |
| Solugen | $4B | $855.77M | 10 |
| Boom Supersonic | $8B | $307.50M | 16 |
| MarkForged | $2.1B | $346.80M | 7 |
| Kraken | $32B | $30.55M | 20 |
| Quantenna Communications | $0.5B | $186.13M | 12 |
| Graphcore | $8B | $682.00M | 7 |
| InvenSense | $0.6B | $38.00M | 3 |
| Nimble Storage | $1.5B | $98.75M | 5 |
| Flock Safety | $12B | $380.58M | 7 |
| Density | $11B | $217.20M | 9 |
| Blockdaemon | $10B | $431.30M | 10 |
| York Space Systems | $2B | - | 2 |
| Fitbit | $0.1B | $66.00M | 4 |
| Formlabs | $15B | $253.70M | 9 |
| Blockstream | $3B | $634.00M | 7 |
| The Zebra | $2B | $2.50B | 3 |
| Jawbone | $9B | $983.80M | 15 |
| Nest Labs | $13B | $230.00M | 4 |
Investment history
| Round number | date | Post-round evaluation | investors |
|---|---|---|---|
| №1 | 07.08.2018 | $422.00 million dollars |
Crimson Ventures |
| №2 | 11.06.2018 | $292.70 million dollars |
HongShan |
| №3 | 04.09.2017 | $50.00 million dollars |
HongShan IDG Capital Sinovation Ventures |