KnCMiner Announces $14 Million Series A Funding Round

KnCMiner Announces $14 Million Series A Funding Round

KnCMiner has announced it has raised $14m as part of a Series A funding round. The Sweden-based bitcoin mining company said in a statement that GP Bullhound, a technology-focused investment bank, acted as the advisor for the funding effort. Creandum, a venture capital fund based in Stockholm that has invested in companies such as popular streaming music service Spotify and mobile payments firm iZettle, led the round. KnCMiner is one of several mining companies to announce major funding deals in 2014. Earlier this year, BitFury announced that it raised $20m in new capital while others in....


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