Canaan raised $72 M in a Post-IPO round on 2025-11-03.
According to media reports, Canaan raised $72 M in a Post-IPO round on 2025-11-03.the investors in this funding round include Galaxy Digital,BH Digital,Weiss Asset Management and others. Following this round, Canaan's total funding reached $258 M.
Canaan（NASDAQ: CAN） is a computer hardware manufacturer headquartered in China. Established in 2013 by Nangeng "N.G." Zhang, Canaan specializes in blockchain servers and ASIC microprocessor solutions for use in Bitcoin mining.
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Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|
Key Milestones
- 2025-09-08Luxor has reached a cooperation with Canaan to provide financing support for Bitcoin mining machines.
- 2025-06-24Canaan Technology strategically restructures and terminates AI chip business unit
- 2024-11-19Canaan raised $ 30 M in funding round
- 2023-12-13Canaan raised $ 25 M in funding round
- 2017-05-03Canaan raised ￥ 300 M in Series A round
