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
Total Funding
$2.0M
Last Round
$2.0M SeedDec 2022
Rounds
1

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

SeedSeed RoundDec 2022
$2.0M

Investors

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