About Gridless
Gridless is a company based in Nairobi (Kenya) founded in 2022 by Philip Walton. Gridless has raised $2 million across 2 funding rounds from investors including Block, Stillmark and Factor[e] Ventures. Gridless offers products and services including Gridless OS. Gridless operates in a competitive market with competitors including Argo Blockchain, Arkon Energy, Mawson Infrastructure Group, TeraWulf and Stronghold Digital Mining, among others.
- Headquarter Nairobi, Kenya
- Founders Philip Walton
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Sectors
TechnologyFinancial Services
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Gridless Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Block
& 2 more
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Employee Count
Not available
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Products & Services of Gridless
Gridless offers a comprehensive portfolio of products and services, including Gridless OS.
Real-time optimization system for Bitcoin mining on mini-grids.
Funding Insights of Gridless
Gridless has successfully raised a total of $2M across 2 strategic funding rounds. 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.
Investors in Gridless
Gridless has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Block, Stillmark and Factor[e] Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech and energy focused venture capital firm funding companies in the US, Europe and Africa
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Technology for economic empowerment is built by Block.
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Venture capital is offered to Bitcoin technology companies by Stillmark.
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Locked | Locked | Locked |
![Factor[e] Ventures logo](https://img.thecompanycheck.com/b/factore_logo.webp){kind=logo}
Investor details for Gridless
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Investments & Acquisitions by Gridless
Investment portfolio details for Gridless
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Financial Statements - Gridless
Detailed financials for Gridless
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Gridless Comparisons
Peer comparison for Gridless
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Competitors of Gridless
Gridless 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, Arkon Energy, Mawson Infrastructure Group, TeraWulf and Stronghold Digital Mining, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Sustainable Bitcoin mining and blockchain development solutions are provided.
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Sustainable Bitcoin mining is powered by excess renewable energy.
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Digital asset mining infrastructure and hosting services are offered.
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Sustainable cryptocurrency mining is facilitated via an online platform.
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Crypto mining is powered by energy from coal refuse conversion.
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Detailed competitors of Gridless
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Latest news on Gridless
Complete news archive for Gridless
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Frequently Asked Questions about Gridless
Gridless was founded in 2022.
Gridless is headquartered in Nairobi, Kenya.
Gridless is a funded company, having raised a total of $2M across 2 funding rounds to date.
Gridless was established in 2022 in Nairobi, Kenya, within the cryptocurrency sector. Bitcoin mining solutions are delivered through the platform, with emphasis placed on sustainable practices for crypto mining operations. Services encompass efficient mining infrastructure tailored for the industry. The company is headquartered in Kenya and led by co-founder Philip Walton, supporting regional crypto activities.
Gridless's top competitors include Argo Blockchain, TeraWulf and Mawson Infrastructure Group.
Gridless offers Gridless OS.
Gridless has 3 investors. Key investors include Block, Stillmark, and Factor[e] Ventures.