IREN Limited

IPO

IREN | Next-Gen Data Centers for AI, HPC & Sustainable Compute

Public · Perth, Australia · Founded 2019 · $5.6B raised

Headquarters
Perth
Employees
201–500
Founded
2019
Business Model
B2B
Website
iren.com
Total Funding
$5.6B
Last Round
$3.0B Convertible NoteMay 2026
Rounds
2
Type
Public

About

IREN Limited is a vertically integrated data center company operating renewable-powered facilities across North America, purpose-built for AI training, inference, and high-performance compute. With over 4.5 GW of secured power across six locations and 810 MW operational, IREN offers GPU cloud services on NVIDIA reference architecture alongside Bitcoin mining infrastructure. Originally founded as an Australian Bitcoin mining company in 2019, it has pivoted to AI cloud and HPC services and trades on Nasdaq (IREN).

Summary

IREN Limited is an enterprise software company based in Perth, Australia, founded in 2019. It has raised $5.6B in total across 2 rounds, most recently a $3.0B Convertible Note round in May 2026.

Tech & App Stack

2 technologies & apps tracked

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Funding History

ConvertibleConvertible NoteMay 2026
$3.0B

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