Compute North is a prominent player in the IT infrastructure industry, offering sustainable and cost-effective digital infrastructure for distributed computing. Established in 2017, the company's mission revolves around delivering the most sustainable and cost-effective computing solutions globally through their TIER 0™ data centers. Compute North specializes in providing efficient, highly scalable infrastructure for clients in blockchain, cryptocurrency mining, and distributed computing sectors. The company's operations span across the United States, employing a unique blend of data center, energy, and technology expertise to cater to the escalating demand for purpose-built infrastructure solutions for specialized computing needs. In October 2022, Compute North secured a significant $21.30M Debt Financing investment, with Marathon Digital as the contributing investor. This capital injection is expected to further bolster Compute North's position as a leader in sustainable and cost-effective digital infrastructure for distributed computing.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | $10.00M | 1 | Marathon Digital | 06 Oct 2022 |
Debt Financing | $21.30M | 1 | Marathon Digital | 06 Oct 2022 |
Series C | $85.00M | 3 | 08 Feb 2022 | |
Debt Financing | $300.00M | 1 | 08 Feb 2022 | |
Series A | $5.10M | - | 26 Apr 2021 |