Compute North

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Compute North is a crypto & web3 company in Eden Prairie, United States, founded in 2017. It has raised $110.0M across 2 rounds, most recently an $85.0M Series C in February 2022.

Employees
51–200
Founded
2017
Business Model
B2B
Total Funding
$110.0M
Last Round
$85.0M Series CFeb 2022
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.

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

It lists 51–200 employees. 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

Data from Indexed.vcUpdated
Series CSeries CFeb 2022
$85.0M

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Funding: Series A through Series C. Amounts, valuations, and investors where available.

Investors

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