About TeraWulf
TeraWulf is a company based in Easton (United States) founded in 2021 was acquired by Talen Energy in October 2024.. The company has 12 employees as of December 31, 2024. TeraWulf offers products and services including WULF Compute and WULF Mining. TeraWulf operates in a competitive market with competitors including Argo Blockchain, Arkon Energy, Stronghold Digital Mining, Mawson Infrastructure Group and Gridless, among others.
- Headquarter Easton, United States
- Employees 12 as on 31 Dec, 2024
- Stage Public
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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
*********
- Legal Name Terawulf Inc.
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Annual Revenue
$140.05 M102.3as on Dec 31, 2024
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Net Profit
$-72.42 M1.37as on Dec 31, 2024
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EBITDA
$589 K-41.57as on Dec 31, 2024
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Latest Funding Round
$9.5 M (USD), Post-IPO
Oct 10, 2022
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Investors
Talen Energy
& 10 more
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Employee Count
12
as on Dec 31, 2024
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Acquired by
Talen Energy
(Oct 10, 2024)
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IPO & Listings of TeraWulf
TeraWulf is a publicly listed company on the NASDAQ with ticker symbol WULF in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of TeraWulf
TeraWulf offers a comprehensive portfolio of products and services, including WULF Compute and WULF Mining. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides high-performance computing services for hosting needs.
Offers proprietary operations for digital asset mining.
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Funding Insights of TeraWulf
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $9.5M
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First Round
First Round
(02 Dec 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Post-IPO - TeraWulf | Valuation |
investors |
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| Dec, 2021 | Amount | Post-IPO - TeraWulf | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TeraWulf
TeraWulf has secured backing from 11 investors, including angel investors. Prominent investors backing the company include Talen Energy, Gwyneth Paltrow and Mindy Kaling. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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GP
Gwyneth Paltrow |
Actress, entrepreneur, founder of Goop, occasional angel investor in wellness startups.
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Founded Year | Domain | Location |
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MK
Mindy Kaling |
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Founded Year | Domain | Location |
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LS
Lilly Singh |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TeraWulf
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TeraWulf
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Terawulf Comparisons
Competitors of TeraWulf
TeraWulf 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, Stronghold Digital Mining, Mawson Infrastructure Group and Gridless, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Sustainable Bitcoin mining and blockchain development solutions are provided.
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| domain | founded_year | HQ Location |
Sustainable Bitcoin mining is powered by excess renewable energy.
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| domain | founded_year | HQ Location |
Crypto mining is powered by energy from coal refuse conversion.
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| domain | founded_year | HQ Location |
Digital asset mining infrastructure and hosting services are offered.
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| domain | founded_year | HQ Location |
Sustainable Bitcoin mining solutions are provided by the Gridless platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Terawulf
Frequently Asked Questions about TeraWulf
When was TeraWulf founded?
TeraWulf was founded in 2021.
Where is TeraWulf located?
TeraWulf is headquartered in Easton, United States.
How many employees does TeraWulf have?
As of Dec 31, 2024, the latest employee count at TeraWulf is 12.
What is the annual revenue of TeraWulf?
Annual revenue of TeraWulf is $140.05M as on Dec 31, 2024.
What does TeraWulf do?
TeraWulf was founded in 2021 and is headquartered in Easton, United States. Operations are centered in the cryptocurrency mining sector, with a focus on sustainable practices. An online platform is provided for green-energy crypto mining solutions, encompassing nuclear-powered, hydro-powered, and solar-powered facilities. Support for renewable energy generation is also included, enabling environmentally conscious mining activities across various renewable sources.
Who are the top competitors of TeraWulf?
TeraWulf's top competitors include Argo Blockchain, Mawson Infrastructure Group and Arkon Energy.
What products or services does TeraWulf offer?
TeraWulf offers WULF Compute and WULF Mining.
Is TeraWulf publicly traded?
Yes, TeraWulf is publicly traded on NASDAQ under the ticker symbol WULF.
Who are TeraWulf's investors?
TeraWulf has 11 investors. Key investors include Talen Energy, Gwyneth Paltrow, Mindy Kaling, Lilly Singh, and Kimberly A. Blackwell.
What is TeraWulf's ticker symbol?
The ticker symbol of TeraWulf is WULF on NASDAQ.
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