Bitmain

Summary

Bitmain is the famous Corporate Investor, which was founded in 2013. The fund was located in Asia if to be more exact in China. The leading representative office of defined Corporate Investor is situated in the Beijing.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are Finance, Financial Services. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Circle Internet Financial, Liquid Global, Block.one. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager.

The average startup value when the investment from Bitmain is more than 1 billion dollars. The usual things for fund are deals in the range of 10 - 50 millions dollars. Speaking about the real fund results, this Corporate Investor is 20 percentage points more often commits exit comparing to other organizations. The fund is generally included in 2-6 deals every year. The top activity for fund was in 2018.

The fund was created by Jihan Wu, Micree Zhan. The overall number of key employees were 4.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Bitmain, startups are often financed by General Catalyst, Digital Currency Group, Breyer Capital. The meaningful sponsors for the fund in investment in the same round are IDG Capital, Digital Currency Group, Pantera Capital. In the next rounds fund is usually obtained by Digital Finance Group, Zhongyunhui Capital, Virtu Financial.