Funding round
BITMAIN Growth
Reported as "Growth Equity"
BITMAIN, which works in cryptocurrency mining hardware manufacturing in Beijing, raised $422M in a Growth round announced on 30 Jul 2018, at a $14.00B post-money valuation. 6 firms took part.
$422M
Amount raised
$14.00B
Post-money valuation
6
Investors
no lead named
3.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced BITMAIN at $14.00B after the new money. The $422M bought investors about 3.0% of the company. It is BITMAIN's first venture round on record, 5 years after it was founded in 2013. No later venture round is on record for BITMAIN.
BITMAIN's funding rounds
This is the only venture round on record for BITMAIN.
- Growth this round 30 Jul 2018 $422M$14.00B post-money
Investors
Who put money in
6 firms took part; no lead investor was named.
Investors
- Pavilion Capital new investor
- Palace Investment Company new investor
- Lioness Capital new investor
- Jumbo Sheen Group new investor
- Bluebell (Asia) new investor
- Crimson Capital China new investor
Comparable rounds
How it compares
The closest in time: Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Juul Labs Tobacco | 2 Jul 2018 | $1.20B | $15.00B | not named |
| Real Estate - Agents & Managers | 16 Jul 2018 | $250M | not disclosed | La Caisse |
| Trucking and Logistics | 13 Jul 2018 | $250M | not disclosed | InnoVision Capital |
| MediaMath Tech Companies | 10 Jul 2018 | $225M | $1.00B | Searchlight Capital |
| Tech Companies | 31 Jul 2018 | $130M | not disclosed | TPG |
| Tech Companies | 9 Jul 2018 | $80M | not disclosed | not named |
| Tech Companies | 30 Jul 2018 | $75M | not disclosed | Franklin Templeton Investments |
| Solar Energy Company | 16 Jul 2018 | $65M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did BITMAIN raise in its Growth round?
BITMAIN raised $422M in its Growth round, announced in Jul 2018.
Which investors took part in BITMAIN's Growth round?
Pavilion Capital, Palace Investment Company, Lioness Capital, Jumbo Sheen Group, Bluebell (Asia) and Crimson Capital China.
What was BITMAIN's valuation at the Growth round?
$14.00B post-money.