Tagged: canaan

Large-Scale Data Infrastructure Provider Compute North Launches 100+ Megawatts Facility in Kearney, Nebraska

Compute North, an established provider of high-powered, large-scale data infrastructure, recently revealed that it has launched its biggest co-location facility in Kearney, Nebraska. The new data center facility is the company’s third site. Other sites are based in Texas and South Dakota. Compute North’s latest… Read More

Crypto Miner Cannan Raises $90 Million in NASDAQ IPO, Shares Decline

Canaan AvalonMiner

Yesterday, Canaan Inc. (Nasdaq: CAN) a Chines crypto mining company,  completed an initial public offering (IPO) of 10,000,000 American Depositary Shares (ADSs), each representing 15 Class A ordinary shares. Shares were issued at US $9.0 per share for a total offering of US $90 million. … Read More

Cryptomining Hardware Company and Bitmain Competitor Canaan Files for IPO on Nasdaq

After an application to go public in Hong Kong lapsed last year, Canaan, the second-biggest maker of cryptocurrency mining hardware after Bitmain, has brought its bid to go public to New York. According to a registration statement submitted to the SEC in Washington, Canaan plans… Read More

U.S. Fintech Bond Secures $10 Million Through Seed Round Led By Canaan

Bond Financial Technologies Inc., a U.S.-based fintech platform, announced on Tuesday it raised $10 million through its seed funding round, which was led by Canaan with participation from  Coatue and angel investors including Sarah Friar, Steve Frieberg, Ryan Peterson, and Eric Yuan.  Bond described itself… Read More

Report: World’s Second Largest Maker of Cryptominers, Canaan, Plans US IPO

After its application to IPO in lapsed regulators’ hands last November in Hong Kong, Canaan, the world’s second-largest manufacturer of cryptomining hardware, has filed a confidential S-1 to pursue a US US initial public offering (IPO), according to Chinese media outlet Weixin reports. Canaan sells… Read More

More Details Emerge About Possible Executive Succession, IPO, and Layoffs at Bitmain, World’s Largest Cryptomining Firm

A new CEO is already in place at Bitmain, the world’s largest manufacturer of cryptocurrency mining equipment and operator of crypto mines, a source to Hong Kong news outlet The South China Morning Post (SCMP) claims. Though Bitmain itself has refused to confirm the change, a former… Read More

Denied an IPO in Hong Kong, Cryptominer Manufacturer Canaan Considering New York Listing

Canaan, the second biggest maker of cryptocurrency mining hardware after Bitmain, may be bringing its bid to go public to a New York exchange after being rejected in Hong Kong, Bloomberg reports. The company may be seeking to sell shares on a US exchange in… Read More

Canaan Partners Sells Shares of Lending Club

Canaan Partners has filed a Form 4 indicating it has sold shares in Lending Club (NYSE:LC). Canaan was an early investor in Lending Club but over past months the VC firm has been selling shares in the publicly traded online lender. Canaan Partners is a Silicon… Read More

Send this to a friend