About Arkon Energy
Arkon Energy is a company based in Sydney (Australia) founded in 2014 by Nathan Townsend and Joshua Payne.. Arkon Energy has raised $166.6 million across 5 funding rounds from investors including Shima Capital, Kestrel0x1 and Nural Capital. Arkon Energy has completed 1 acquisition, including Hydrokraft. Arkon Energy operates in a competitive market with competitors including Argo Blockchain, Stronghold Digital Mining, Mawson Infrastructure Group, TeraWulf and Gridless, among others.
- Headquarter Sydney, Australia
- Founders Nathan Townsend, Joshua Payne
-
Sectors
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$166.6 M (USD)
in 5 rounds
-
Latest Funding Round
$110 M (USD), Series B
Dec 22, 2023
-
Investors
Shima Capital
& 6 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of Arkon Energy
Arkon Energy has successfully raised a total of $166.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $110 million completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $110.0M
-
First Round
First Round
(22 Feb 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - Arkon Energy | Valuation | Bluesky Capital | |
| Jun, 2023 | Amount | Series A - Arkon Energy | Valuation | Sandton Capital Partners |
|
| Nov, 2022 | Amount | Series A - Arkon Energy | Valuation | Blue Sky Capital Strategies |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Arkon Energy
Arkon Energy has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Shima Capital, Kestrel0x1 and Nural Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Bridge loans and secured financing are provided to diverse sectors.
|
Founded Year | Domain | Location | |
|
Nural Capital is operated as a Web3 investment platform.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Arkon Energy
Arkon Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hydrokraft. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Distributed data centers powered by excess renewable energy are provided.
|
2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Arkon Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Arkon Energy Comparisons
Competitors of Arkon Energy
Arkon Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Argo Blockchain, Stronghold Digital Mining, Mawson Infrastructure Group, TeraWulf and Gridless, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable Bitcoin mining and blockchain development solutions are provided.
|
|
| domain | founded_year | HQ Location |
Crypto mining is powered by energy from coal refuse conversion.
|
|
| domain | founded_year | HQ Location |
Digital asset mining infrastructure and hosting services are offered.
|
|
| domain | founded_year | HQ Location |
Sustainable cryptocurrency mining is facilitated via an online platform.
|
|
| domain | founded_year | HQ Location |
Sustainable Bitcoin mining solutions are provided by the Gridless platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Arkon Energy
Frequently Asked Questions about Arkon Energy
When was Arkon Energy founded?
Arkon Energy was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is Arkon Energy located?
Arkon Energy is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Arkon Energy?
Joshua Payne is the current CEO of Arkon Energy. They have also founded this company.
Is Arkon Energy a funded company?
Arkon Energy is a funded company, having raised a total of $166.6M across 5 funding rounds to date. The company's 1st funding round was a Series A of $28M, raised on Feb 22, 2022.
What does Arkon Energy do?
Arkon Energy was founded in 2014 in Sydney, Australia, and operates within the cryptocurrency mining sector. Excess renewable power is utilized for Bitcoin mining operations, with electricity purchased directly from generators prior to grid distribution. Awareness regarding Bitcoin mining processes is also provided to users through educational initiatives. The company focuses on integrating sustainable energy sources into its core activities.
Who are the top competitors of Arkon Energy?
Arkon Energy's top competitors include Argo Blockchain, TeraWulf and Mawson Infrastructure Group.
How many acquisitions has Arkon Energy made?
Arkon Energy has made 1 acquisition, including Hydrokraft.
Who are Arkon Energy's investors?
Arkon Energy has 7 investors. Key investors include Shima Capital, Kestrel0x1, Nural Capital, Bluesky Capital, and Sandton Capital Partners.