Gridless Compute
Bitcoin mining powered by stranded renewable energy in rural Africa
Nairobi, Kenya · Founded 2022 · $2.0M raised
- Headquarters
- Nairobi
- Employees
- 11–50
- Founded
- 2022
- Business Model
- B2B
- Website
- gridlesscompute.com
- Total Funding
- $2.0M
- Last Round
- $2.0M SeedDec 2022
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Gridless Compute is a Kenya-based Bitcoin mining company that partners with renewable mini-grid energy generators across rural Africa to monetize stranded energy capacity. By acting as a buyer of last resort for excess power from hydro, geothermal, and biomass mini-grids, Gridless makes those generators financially viable while extending electricity access to underserved communities. The company operates mining sites across multiple countries and has developed Gridless OS, a real-time optimization platform that coordinates Bitcoin mining operations based on current mini-grid parameters using a ruggedized edge server. Gridless is a founding member of the Green Africa Mining Alliance (GAMA), established in late 2022 to share knowledge and grow the renewable Bitcoin mining industry on the continent.
Summary
Gridless Compute is a Climate Tech company based in Nairobi, Kenya, founded in 2022. It has raised $2.0M in total across 1 round, most recently a $2.0M Seed round in Dec 2022. Investors include Stillmark and Block.
Tech & App Stack
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Funding History
Dec 2022
Investors
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