About Spacemesh
Spacemesh is a company based in Herzliya (Israel) founded in 2017 by Tomer Afek and Aviv Eyal. Spacemesh has raised $18 million across 2 funding rounds from investors including iAngels, Bain Capital and Bancor Protocol. Spacemesh operates in a competitive market with competitors including BITMAIN, Core Scientific, Helium, Argo Blockchain and Pi Network, among others.
- Headquarter Herzliya, Israel
- Founders Tomer Afek, Aviv Eyal
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Sep 05, 2018
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Investors
iAngels
& 18 more
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Employee Count
Employee Count
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People of Spacemesh
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Funding Insights of Spacemesh
Spacemesh has successfully raised a total of $18M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in September 2018. 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 2
- Last Round Series A — $15.0M
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First Round
First Round
(07 May 2018)
- Investors Count 19
Investors in Spacemesh
Spacemesh has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include iAngels, Bain Capital and Bancor Protocol.
| Investor | Description | Founded Year | Domain | Location |
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Investment and technology solutions are provided by BRM Group.
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Founded Year | Domain | Location | |
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Blockchain companies are invested in by Arrington XRP Capital.
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Founded Year | Domain | Location |
Investments & Acquisitions by Spacemesh
Financial Statements - Spacemesh
Spacemesh Comparisons
Competitors of Spacemesh
Spacemesh 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 BITMAIN, Core Scientific, Helium, Argo Blockchain and Pi Network, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Hardware solutions for cryptocurrency mining are developed.
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| domain | founded_year | HQ Location |
AI and blockchain infrastructure plus software solutions are offered.
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| domain | founded_year | HQ Location |
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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| domain | founded_year | HQ Location |
Sustainable Bitcoin mining and blockchain development solutions are provided.
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| domain | founded_year | HQ Location |
Provider of blockchain-based platform offering to mine coins
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| domain | founded_year | HQ Location |
Data centers for digital assets and energy solutions are operated.
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Frequently Asked Questions about Spacemesh
Spacemesh was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Spacemesh is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Tomer Afek is the current CEO of Spacemesh. They have also founded this company.
Spacemesh is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 07, 2018.
Spacemesh was founded in 2017 in Herzliya, Israel, within the cryptocurrency sector. Hardware solutions for mining are provided, designed to leverage commodity-level digital storage such as magnetic drives and SSDs. The network is built to enable blockchain operations on standard computers, with resistance to mining via specialized chips or GPUs. Operations focus on accessible, decentralized mining infrastructure.
Spacemesh's top competitors include BITMAIN, Helium and Argo Blockchain.
Spacemesh has 19 investors. Key investors include iAngels, Bain Capital, Bancor Protocol, Polychain, and MetaStable Capital.