Compute North

Closed

Eden Prairie, United States · $110.0M raised

Employees
51–200
Business Model
B2B
Total Funding
$110.0M
Last Round
$85.0M Series CFeb 2022
Rounds
2

About

Compute North was a U.S.-based data center and infrastructure company specializing in TIER 0 facilities for cryptocurrency mining and high-performance computing. The company built and operated cost-effective, energy-efficient data centers designed to power blockchain and Bitcoin mining operations at scale. Headquartered in the Minneapolis-St. Paul area, Compute North raised $385 million in equity and debt funding in February 2022 before filing for bankruptcy in September 2022.

Summary

Compute North is a Crypto & Web3 company based in Eden Prairie, United States. It has raised $110.0M in total across 2 rounds, most recently a $85.0M Series C round in Feb 2022. Investors include Generate Capital, Mercuria Energy and Digital Currency Group.

Funding History

Series CSeries CFeb 2022
$85.0M

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Series A through Debt Financing — per-round amounts, valuations, and who invested in each round.

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