Bitfarms Ltd.
IPOHomepage | Keel
Public · New York, Canada · Founded 2017 · $500.0M raised
- 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.
Tech & App Stack
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Funding History
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Oct 2025
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Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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