# Bitfarms

**Source:** https://www.startuphub.ai/startups/bitfarms
**Profile type:** Startup

> A global leader in cryptocurrency mining, focused on sustainable and efficient operations.

## About

Keel Infrastructure is a digital and energy infrastructure company that develops and owns data centers and power assets supporting High-Performance Computing (HPC) workloads, including AI. They integrate power, land, and connectivity to enable disciplined, long-term growth for their customers, positioning themselves to allow advanced HPC/AI platforms to deploy compute faster and at scale. Keel Infrastructure targets customers facing energy capacity constraints in high-barrier-to-entry markets.

## Key facts

- **Slug:** bitfarms
- **Website:** https://keelinfra.com
- **Location:** Toronto, Canada
- **Founded:** 2017-01-01
- **Employees:** 109
- **Operating status:** Active
- **Total funding:** $360M
- **Sectors / tags:** Cryptocurrency Mining, Blockchain Infrastructure, Energy, Data Center, Hardware
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/keelinfrastructure
  - Twitter: https://x.com/keelinfra_

## Frequently asked

### What does Bitfarms do?

Keel Infrastructure is a digital and energy infrastructure company that develops and owns data centers and power assets supporting High-Performance Computing (HPC) workloads, including AI. They integrate power, land, and connectivity to enable disciplined, long-term growth for their customers, positioning themselves to allow advanced HPC/AI platforms to deploy compute faster and at scale. Keel Infrastructure targets customers facing energy capacity constraints in high-barrier-to-entry markets.

### What is Bitfarms's valuation?

StartupHub estimates Bitfarms's effective valuation at $1.3B (range $900.0M to $2.2B, 19% confidence), based on comparable companies in the sector.

### How much funding has Bitfarms raised?

Bitfarms has raised a total of $360M in funding. The most recent round on record is Debt.

### Where is Bitfarms headquartered?

Bitfarms is headquartered in Toronto, Canada.

### When was Bitfarms founded?

Bitfarms was founded in 2017.

### What industry does Bitfarms operate in?

Bitfarms operates in Cryptocurrency Mining, Blockchain Infrastructure, Energy, Data Center, Hardware.

### How many employees does Bitfarms have?

Bitfarms has approximately 109 people on record.

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