About Giga Watt
Giga Watt is a Technology company based in East Wenatchee (United States) founded in 2017 by David Carlson. Cloud-based mining solutions are offered to businesses via server rentals. It operates in the Technology and Financial Services sectors. Giga Watt has raised $22.35 million across 1 funding round. The company has 76 employees. Its chief executive, as recorded, is David Carlson. Its Indian entity At&T Global Network Services India Private Limited reported revenue of ₹875 Cr. Its focus areas include FinTech, Cryptocurrencies, Mining and Cloud Mining. Its competitors include Core Scientific, Pi Network and Genesis Digital Assets; 2 of its 3 listed competitors have raised funding.
Company details
Giga Watt was founded in 2017 and is headquartered in East Wenatchee, United States. Operations focus on the blockchain mining sector, where cloud-based solutions are provided for businesses. Services include equipment sales, maintenance, and repair for private blockchain servicing. Mining servers can be rented based on various plans, and owners are enabled to lease out their miners through the platform.
- Headquarters East Wenatchee, United States
- Employees 76
- Founders David Carlson
- SectorsTechnologyFinancial Services
- Email••••••••
- Website giga-watt.com
- Social LinkedIn X Facebook
- Legal Name At&T Global Network Services India Private Limited
- Date of Incorporation 25 Oct, 2005
- Jurisdiction New Delhi, Delhi, India
- Indian entity revenue₹875 Cr
FY 2025 · -3% YoY
- Indian entity net profit₹261 Cr
FY 2025 · 30% margin
- Indian entity EBITDA₹418 Cr
FY 2025 · 48% margin
- Total Equity Funding$22.35M (USD)
in 1 rounds
- Latest Funding Round$22.35M (USD), Series B
Aug 2017
- Employee Count76
Associated legal entities of Giga Watt
Giga Watt operates through At&T Global Network Services India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| At&T Global Network Services India Private Limited CIN U72900DL2005PTC142096 | Active | 25 Oct 2005 | New Delhi, Delhi | ₹875 Cr | 76 | 3 | View details |
Funding Insights of Giga Watt
Giga Watt has successfully raised a total of $22.35M through 1 strategic funding round. The most recent funding activity was a Series B round of $22.35 million completed in August 2017. 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 $22.35M
- Total Rounds 1
- Last Round Series B — $22.35M
- First Round $22.35M
(Aug 2017)
All 1 funding rounds of Giga Watt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | $22.35M | Series B | – | – | – |
Board of directors of At&T Global Network Services India Private Limited (Giga Watt)
At&T Global Network Services India Private Limited is the primary company behind Giga Watt. The board of At&T Global Network Services India Private Limited currently have 2 directors; the longest-serving is Arun Karna, appointed in 2011. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arun Karna DIN 03528213 | Managing Director | 29 Jun 2011 | 15 yrs 4 mo | At&T Global Network Services India Private Limited |
| Sukhjit Singh DIN 08428609 | Whole-time director | 30 Apr 2019 | 7 yrs 6 mo | At&T Global Network Services India Private Limited |
People of Giga Watt
1 people are tracked at Giga Watt (1 in leadership); the tracked headcount is 76.
| Name | Role | Group |
|---|---|---|
David Carlson | Founder & CEO | Leadership |
Complete people profiles for Giga Watt
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Financials of Giga Watt
Figures of At&T Global Network Services India Private Limited, the primary company behind Giga Watt, for FY 2025. Revenue was ₹875 Cr (-3% year on year). Net profit was ₹261 Cr (30% margin). EBITDA was ₹418 Cr (48% margin). Revenue has grown at a compounded annual rate of -2% over three years and -3% over five years.
- ₹875 CrRevenue · FY 2025 · -3% YoY
- ₹261 CrNet profit · 30% margin
- ₹418 CrEBITDA · 48% margin
- ₹7.40 CrPaid-up capital
- 76Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of At&T Global Network Services India Private Limited are on its company page.
Detailed financial statements for Giga Watt
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Giga Watt
2 dated milestones of Giga Watt, from founding to its latest funding, stage changes and deals.
- Founded Giga Watt is founded.
- Funding First funding round of $22.4M.
Competitors of Giga Watt
Giga Watt has 3 listed competitors in our database, 2 of them funded. They include Core Scientific, Pi Network and Genesis Digital Assets.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| corescientific.com | 2017 | Bellevue, United States | $49M | 286 | AI and blockchain infrastructure plus software solutions are offered. | |
| minepi.com | 2019 | Palo Alto, United States | 16 | Provider of blockchain-based platform offering to mine coins | ||
| genesisdigitalassets.com | 2021 | New York, United States | $556M | Profitable bitcoin mining operation services are provided globally. |
Detailed competitors of Giga Watt
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Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Giga Watt (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Related news about Giga Watt
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Frequently Asked Questions about Giga Watt
Giga Watt was founded in 2017.
Giga Watt is headquartered in East Wenatchee, United States. It is registered at East Wenatchee, Washington, United States.
David Carlson is the CEO of Giga Watt, as recorded in our data. They have also founded this company.
Giga Watt is a funded company, having raised a total of $22.35M across 1 funding round to date. The company's 1st funding round was a Series B of $22.35M, raised on Aug 2017.
Giga Watt has 76 employees.
The primary company behind Giga Watt, At&T Global Network Services India Private Limited, reported revenue of ₹875 Cr for FY 2025, down 3% year on year.
Giga Watt was founded in 2017 and is headquartered in East Wenatchee, United States. Operations focus on the blockchain mining sector, where cloud-based solutions are provided for businesses. Services include equipment sales, maintenance, and repair for private blockchain servicing. Mining servers can be rented based on various plans, and owners are enabled to lease out their miners through the platform.
Giga Watt's top competitors include Pi Network, Core Scientific and Genesis Digital Assets.
Giga Watt operates through At&T Global Network Services India Private Limited.
The legal entities of Giga Watt currently have 2 directors, including Arun Karna, Sukhjit Singh.