Canaan
PublicLast Round
Strategic
Nov 4, 2025
Total Funding Raised
$460.5M
Company Overview
Canaan Creative is a technology company specializing in the development of supercomputing chips and the manufacturing of digital blockchain computing equipment, primarily generating revenue through the sale of Bitcoin mining machines and related components.
Sector
Fintech: Crypto
AI Layer
Non-AI
Keywords
ASIC Bitcoin mining machineshigh-performance Bitcoin mining ASICsBitcoin mining hardware manufacturerAvalon Bitcoin minerscorporate Bitcoin self-miningconsumer Bitcoin mining hardwarehigh hash rate Bitcoin minersmining hardware cooling solutionsimmersion cooling for Bitcoin miners
Canaan Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Canaan Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Nov 4, 2025 | ||||
| Series A Extension | Mar 10, 2025 | ||||
| Series A Extension | Nov 20, 2024 | ||||
| Series A | Sep 30, 2024 | ||||
| Private Equity | Jan 22, 2024 | ||||
Series A | Dec 11, 2023 |
Canaan Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Jin Jiang International Group | Series A |
| BH Digital | Strategic |
| Huatai Securities | IPO |
| Tunlan Investment | Series A |
| Galaxy Digital | IPO, Strategic |
| Weiss Asset Management | Strategic |
| Tiger Brokers | IPO |
Canaan Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersHaidian, Beijing
Year Founded2013
Last FundingNov 4, 2025