How much funding has Bitfarms Ltd. raised?

Bitfarms Ltd. has raised $500.0M in total funding, most recently a Convertible Note round.

Who are Bitfarms Ltd.'s investors?

Bitfarms Ltd.'s investors include Macquarie Capital.

When was Bitfarms Ltd. founded?

Bitfarms Ltd. was founded in 2017.

Where is Bitfarms Ltd. headquartered?

Bitfarms Ltd. is headquartered in New York, Canada.

What industry is Bitfarms Ltd. in?

Bitfarms Ltd. operates in Fintech, Crypto & Web3.

How many employees does Bitfarms Ltd. have?

Bitfarms Ltd. has 51-200 employees.

Bitfarms Ltd.

IPO

Homepage | Keel

Public · New York, Canada · Founded 2017 · $500.0M raised

Fintech

Crypto & Web3

Headquarters: New York
Employees: 51–200
Founded: 2017
Business Model: B2B
Website: keelinfra.com

Total Funding: $500.0M
Last Round: $500.0M Convertible NoteOct 2025
Rounds: 1
Type: Public

About

Bitfarms (now operating as Keel Infrastructure) builds and operates energy-secured data campuses across North America, providing critical infrastructure for Bitcoin mining and high-performance computing and AI workloads. Founded in 2017 in Canada, the company applies an infrastructure-first approach to deliver large-scale digital infrastructure facilities. Keel serves hyperscalers and advanced AI platforms by providing reliable, on-time data center capacity without competing with its customers.

Summary

Bitfarms Ltd. is a Fintech company based in New York, Canada, founded in 2017. It has raised $500.0M in total across 1 round, most recently a $500.0M Convertible Note round in Oct 2025. Investors include Macquarie Capital.

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