ePIC Blockchain is North America's only cryptocurrency ASIC and mining rig supplier, with an engineering team that has developed semiconductor technology for AMD GPUs and game consoles. The company is currently shipping the SC200 Siacoin mining rig and plans two additional ASIC mining rigs slated for 2021. Proceeds from the Series A will fund prototyping and pre-production of its third mining rig, code-named "Amnesia," which has been in development since early 2020 and is expected to launch in Q4 2021. ePIC also aims to be in production with another altcoin mining rig in Q3 2021 and says it has a strong order book amid a surging cryptocurrency market. The company highlights a priority supply agreement with Argo Blockchain and has received public support from industry partners including Luxor Technologies. Fort Capital Partners advised on the offering and has been involved in ePIC's recent capital formation.

Total raised

$8M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2021