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Bitfury

Herengracht 168, Amsterdam, Noord-Holland, 1016 BP, The Netherlands

Overview

Full-service blockchain technology and infrastructure provider.

Founded

2011

Deals · 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Argentina
The Netherlands
United States

Sector focus

Bitcoin
Blockchain
Data Center
FinTech
...

Investment portfolio

6rounds
NAMEDATESIZE
Axelera AI
Feb 2026Participated
$250 MOther Equity
Gonka
Dec 2025Led
$50 MOther Equity
Axelera AI
Sep 2021Led
$12 MSeed
NuCypher
Oct 2019Participated
$11 MOther Equity
Moeco
Dec 2017Led
$5 MOther Equity
RSK Labs
May 2017Participated
$4 MSeries A
Axelera AI
Feb 2026Participated
$250 MOther Equity
Gonka
Dec 2025Led
$50 MOther Equity
Axelera AI
Sep 2021Led
$12 MSeed
NuCypher
Oct 2019Participated
$11 MOther Equity
Moeco
Dec 2017Led
$5 MOther Equity
RSK Labs
May 2017Participated
$4 MSeries A
6
Items
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Insights

Time horizon

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Deal Distribution

Bitfury: 6 funding rounds are recorded in the selected participation categories.All available history.
Bitfury: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A01
Other Equity22

Monthly Deal Activity

Bitfury: 6 deals are recorded across 114 months.All available history.
Bitfury: 6 deals are recorded across 114 months. All available history
MonthDeals
May '171
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '171
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '191
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Bitfury: Networks, Cloud & Communication is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Bitfury: Networks, Cloud & Communication is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Networks, Cloud & Communication3
Crypto & Blockchain3
AI & Machine Learning3
Fintech2
Space & Frontier Tech2
Enterprise Software1
Cybersecurity & Privacy1
Professional Services1
Data, Analytics & IT1
Transportation & Logistics1

Deal Size Distribution

Bitfury: 6 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Bitfury: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M2
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Bitfury: United States has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Bitfury: United States has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
United States3
Europe2
Argentina1
Bitfury: 20 co-investors are shown, with Bitmain sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Bitfury: 20 co-investors are shown, with Bitmain sharing 2 recorded deals. All available history
Co-investorShared deals
Bitmain2
Innovation Industries2
Arrington XRP Capital1
BlackRock1
CDP Venture Capital1
CoinFund1
Compound Ventures1
Danhua Capital1
EIC Fund1
Hashed1
imec1
imec.xpand1
Invest-NL1
Notation Capital1
Polychain Capital1
Samsung1
SFPI-FPIM1
SiteGround Capital1
Verve Investments1
Y Combinator1

Investment Strategy

Bitfury: Led accounts for 50% and participating for 50% of round participation.All available history.
Bitfury: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led350%
Participating350%
Bitfury: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Bitfury: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3100%
Co-led00%

Team

George Kikvadze

Executive Vice Chairman

Greg Li

Head of Asia

Haydar Alireza

InvestorInvestor

John Mercurio

Chief Communications Officer

Katsuya Konno

Sales Rep of Bitfury's mining machines

Val Vavilov

Founder & Chief Executive Officer

Valery Nebesny

Founder and CTO

Vladimir Bugaev

Tech Lead