Spacemesh

Herzliya, Israel Founded: 2017 • Age: 9 yrs
Hardware mining solutions for cryptocurrency using commodity storage are offered.

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
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website spacemesh.io
  • Social LinkedIn X YouTube
Key Metrics
  • Total Equity Funding
    $18M (USD)

    in 2 rounds

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

    Sep 2018

  • Investors
    iAngels

    & 18 more

Apps and channels of Spacemesh

its YouTube channel Team Spacemesh has 2.77K subscribers and 30 videos.

Team Spacemesh
YouTube 2.77K subscribers 30 videos Science & Technology
Open channel

Videos from Spacemesh

The most watched videos on Spacemesh's YouTube channel, Team Spacemesh (2.77K subscribers). Click a video to play it here.

Smapp Tutorial #1: Installation
8.8K views
Smapp Tutorial #4: Proof of Space & Smeshing Setup
7.1K views
Spacemesh CLI Tutorial #1: Setup
5.3K views
Spacemesh Town Hall #1 (2024/01/15)
4.7K views

More on Team Spacemesh.

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 $18M
  • Total Rounds 2
  • Last Round Series A β€” $15M
  • First Round $3M

    (May 2018)

  • Investors Count 19

All 2 funding rounds of Spacemesh with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2018$15MSeries A–Polychain
May 2018$3MSeed–BRM, iAngels
Valuation history

19 investors in total: 17 institutional and 2 angel.

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
InvestorDescriptionFounded YearDomainLocation
Investment and technology solutions are provided by BRM Group.
–brm.comTel Aviv, Israel
-
–alignment.tcc.mode-
Blockchain companies are invested in by Arrington XRP Capital.
–arringtonxrpcapital.comSeattle, United States
Debt and equity investments are pursued across multiple sectors.
1984baincapital.comBoston, United States
-
–1kx.org-
Cryptocurrency investment firm
–electriccapital.comPalo Alto, United States
Early-stage tech investments are made primarily in US companies.
–slow.coNew York, United States
Dekrypt Capital is focused on blockchain investment and privacy protocols.
–dekrypt.capital-
Blockchain startups are invested in by gCC venture capital fund.
–gumi-cryptos.comSan Francisco, United States
Early-stage and growth-stage tech startups are funded by DHVC.
–dh.vcPalo Alto, United States
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Investor details for Spacemesh

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Spacemesh

28 people are tracked at Spacemesh (5 in leadership, 3 in board & advisors, 20 in team).

NameRoleGroup
Tomer Afek
Co-Founder & CEOLeadership
Aviv Eyal
Co-FounderLeadership
Iddo Bentov
Chief ScientistLeadership
Tal Moran
Chief ScientistLeadership
Lane Rettig
VP, Research & DevelopmentLeadership
Rami Kasterstein
Co-FounderBoard & advisors
Jonathan Dagan
AdvisorBoard & advisors
Doron Avital
AdvisorBoard & advisors
Elad Nachmias
Core DeveloperTeam
Ivan Shveduno
Core DeveloperTeam
Ivan Shvedunov
Core DeveloperTeam
Wojciech Klaudiusz Zaborowski
R&d CoordinatorTeam
Andres Monje
Automation & Infrastructure DeveloperTeam
Dmitry Shulyak
Principal DeveloperTeam
Max Parfenov
Application DeveloperTeam
Davi Mello
Automation & Infrastructure DeveloperTeam
Danielle Shamir
HR & Operation ManagerTeam
Chaim Glantz
Marketing & Community LeadTeam
Ran Cohen
ResearcherTeam
Noam Nelke
R&D CoordinatorTeam

8 more people are available in the full profile.

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Complete people profiles for Spacemesh

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Spacemesh

3 dated milestones of Spacemesh across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spacemesh is founded.
  2. Funding First funding round of $3.0M.
  3. Funding Latest funding round, Series A, of $15.0M.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bitmain.com2013Beijing, China$950M–
Hardware solutions for cryptocurrency mining are developed.
corescientific.com2017Bellevue, United States$49M286
AI and blockchain infrastructure plus software solutions are offered.
helium.com2006San Francisco, United States$369.82M54
Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
argoblockchain.com2017London, United Kingdom–26
Sustainable Bitcoin mining and blockchain development solutions are provided.
minepi.com2019Palo Alto, United States–16
Provider of blockchain-based platform offering to mine coins
mara.com1997Fort Lauderdale, United States–60
Data centers for digital assets and energy solutions are operated.
bitfarms.com2017Toronto, Canada––
Cryptocurrency cloud mining solutions are provided via blockchain infrastructure.
bitfury.com2011Amsterdam, Netherlands$201M–
Cryptocurrency mining solutions are provided through AI and blockchain platforms.
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Detailed competitors of Spacemesh

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Spacemesh

The website of Spacemesh (spacemesh.io) receives about 6.9K visits a month.

  • Monthly visits
    6.9K

    ▲ 189.3% vs previous month

Similar websites

Websites whose visitors overlap most with Spacemesh. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
coindar.org
coindar.org
100%
–#440,602–
coinpaprika.com
60%
345.1K#171,421View details

Latest news on Spacemesh

Premium access

Complete news archive for Spacemesh

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Spacemesh

10 companies that operate in the same segment as Spacemesh (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Terraform Labs is engaged in blockchain technology development.
2018Singapore, SingaporeUSD 57 M––
Ledger is recognized for providing secure cryptocurrency hardware wallets.
2014Paris, FranceUSD 575.4 M––
Decentralized exchange platform for cryptocurrency trading is operated.
2018New York, New York, United StatesUSD 176 M–85
Developer of blockchain and web3 software platform
2014Fort Worth, Texas, United StatesUSD 725 M––
Public blockchain network platform
2017Zug, Zug, SwitzerlandUSD 542.29 M––
Scalable blockchain interoperability protocols are developed for enhanced network security.
2017George Town, Cayman IslandsUSD 450.75 M––
Blockchain-based PC and mobile games are developed and published.
2006Kowloon, Hong Kong, ChinaUSD 973.19 M––
Protocols for blockchain-based solutions are provided by Aptos.
2021Palo Alto, California, United StatesUSD 350 M––
Cloud-based blockchain platform for application development is provided.
2013San Francisco, California, United StatesUSD 597.81 M––
Blockchain-based fantasy sports marketplace is provided for multiple sports.
2018Saint-mande, Val-de-marne, FranceUSD 738.84 M––
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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 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.

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