Spacemesh

Herzliya, Israel Founded: 2017 • Age: 9 yrs
Hardware mining solutions for cryptocurrency using commodity storage are offered.
Annual revenue - Latest available
Total funding $18.0M 2 rounds
Employees - Tracked headcount
Investors 19 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Technology
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $18 M (USD)

    in 2 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Sep 05, 2018

  • Investors
    iAngels

    & 18 more

  • Employee Count
    Not available
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People of Spacemesh

Headcount 10-50
Employee Profiles 23
Board Members and Advisors 4
Employee Profiles
People
Lane Rettig
VP, Research & Development
People
Danielle Shamir
HR & Operation Manager
People
Chaim Glantz
Marketing & Community Lead
People
Noam Nelke
R&D Coordinator

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Board Members and Advisors
people
Aviv Eyal
Co-Founder

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment and technology solutions are provided by BRM Group.
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Blockchain companies are invested in by Arrington XRP Capital.
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Investor details for Spacemesh

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Spacemesh

Investments
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Investment portfolio details for Spacemesh

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Financial Statements - Spacemesh

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Detailed financials for Spacemesh

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Spacemesh Comparisons

Spacemesh Primary company
Description
Hardware mining solutions for cryptocurrency using commodity...
Location
Herzliya, Israel
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spacemesh

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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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Hardware solutions for cryptocurrency mining are developed.
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AI and blockchain infrastructure plus software solutions are offered.
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Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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Sustainable Bitcoin mining and blockchain development solutions are provided.
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Provider of blockchain-based platform offering to mine coins
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Data centers for digital assets and energy solutions are operated.
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Detailed competitors of Spacemesh

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Latest news on Spacemesh

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Complete news archive for Spacemesh

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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.

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.

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