IREN Limited
IPOIREN | Next-Gen Data Centers for AI, HPC & Sustainable Compute
Public · Perth, Australia · Founded 2019 · $5.6B raised
- Total Funding
- $5.6B
- Last Round
- $3.0B Convertible NoteMay 2026
- Rounds
- 2
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 a Cloud 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
May 2026
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Funding: Convertible Note. Amounts, valuations, and investors where available.
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