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Canaan

Singapore, Singapore · Semiconductors, Software · 564 employees

Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan's vision is "super computing is what we do, social enrichment is why we do it." Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 20

Funding history

  • Funding Round — $72.0M — Nov 2025
  • Funding Round — $50.0M — Jan 2024

Recent signals

  • May 19, 2026: Acquired Canaan Inc. acquires 49% interest in ABC Projects
  • Feb 23, 2026: Acquired Canaan Inc. acquires Cipher Mining's 49% stake
  • Nov 05, 2025: Raised $72.0M
  • Oct 13, 2025: Launched Canaan Inc. launches a pilot mining project leveraging gas-to-computing technology in Calgary, providing low-cost power for high-density computing.
  • Oct 02, 2025: Canaan Inc. Secures Significant Purchase Order for 50,000 Avalon A15 Pro Miners from U.S. Bitcoin Miner.
  • Mar 26, 2025: Canaan Expands Self-Mining Capabilities with New Partnerships in Pennsylvania and Texas
  • Nov 21, 2024: Canaan Inc. forms partnership with Luna Squares Texas for Bitcoin mining expansion in North America
  • Nov 08, 2024: Launched Canaan Inc. Launches Upgraded Avalon Miner A15 Series for Enhanced Mining Performance

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