Pow.re is a computation center that develops power contracts and financial services. It is spearheading the financialization of hashing power. They put stranded energy to good use. Pow.re has raised $9.2M Series A at $150M Valuation.
Location: Metropolitan France
Total raised: $9.2M
Valuation: $150M
Investors 1
| Date | Name | Website |
| - | Trinito | trinito.co |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 03.02.2023 | Series A | $9.2M | - |
Mentions in press and media 6
| Date | Title | Description |
| 08.03.2023 | Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay | Canadian crypto miner Pow.re secured a contract for 100 megawatts (MW) of power in Paraguay, one of a handful that have been granted by the country's national utility (ANDE), according to a press release sent to CoinDesk on Wednesday. The c... |
| 07.03.2023 | Pow.re secures 100 MW of renewable power in Paraguay and welcomes two industry veterans to the advisory board | MONTREAL (QC), CANADA – Media OutReach – 8 March 2023 – Pow.re Holdings Limited (“Pow.re” or the “Company”), a high-density computing (“HDC”) and fintech enterprise, has entered into a binding agreement with a local partner to secure a 100 ... |
| 03.02.2023 | Pow.re Raises US$9.2M in Series A Funding | Pow.re Holdings Limited, a Montreal, Canada-based computing (“HDC”) proof-of-work digital mining and fintech enterprise, raised US$9.2M in Series A funding at a US$150 million post-money valuation. Haru United Pte Ltd., a holding company of... |
| 02.02.2023 | Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation | Canadian crypto mining firm Pow.re announced on Thursday that it had closed a $9.2 million Series A round as well as a $18 million strategic investment. The Series A valued the company at $150 million, and was led crypto asset management pl... |
| 19.01.2021 | The US Can Make Bitcoin Mining Greener | The incoming administration of Joe Biden has an opportunity to take the global lead in green mining for digital assets. It is no secret that there is a geopolitical struggle brewing over new forms of cryptocurrencies – both state-backed and... |
| - | Pow.Re | “We're bringing maturity to hash power production and digital asset speculation.” |