# Bitmain

> Bitmain is a VC fund in Beijing backing Blockchain and Cryptocurrency. See 47 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 47
- Last investment: Apr 2024
- Lead investor: 43%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/bitmain/
- X (Twitter): https://twitter.com/BITMAINtech
- Website: https://www.bitmain.com
- Facebook: https://www.facebook.com/Bitmain

Bitmain is a manufacturer of Bitcoin mining hardware and other related services.Bitmain was founded by several of the digital currency industry’s earliest players, and their team is comprised of passionate and pedigreed engineers, financial experts, and Bitcoin enthusiasts.Bitmain is headquartered in Beijing and has offices in San Francisco,Tel Aviv, Hong Kong, Chengdu and Shenzhen.

## Contacts

5 contacts available for Bitmain. Shizune tracks 5 team members at Bitmain. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/bitmain?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $480k–$5.9M |
| Series A | $1.5M–$15M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 17 | 36% |
| Cryptocurrency | 12 | 26% |
| Bitcoin | 10 | 21% |
| Internet | 9 | 19% |
| Software | 9 | 19% |

57 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 12 | 26% |
| Seed | 9 | 19% |
| Funding Round | 5 | 11% |
| Corporate Round | 4 | 9% |
| Angel | 3 | 6% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 11 | 23% |
| China | 10 | 21% |
| Singapore | 7 | 15% |
| Norway | 2 | 4% |
| Switzerland | 2 | 4% |

10 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ahmed Ebrahim | Investment Manager | 0 | https://shizune.co/investors/profile/ahmed-ebrahim-7c14 |
| Yulia Fetisova | Sales and Business Development Manager | 0 | https://shizune.co/investors/profile/yulia-fetisova |
| Janet Zhao | Special Assistant to CEO | 0 | https://shizune.co/investors/profile/janet-zhao |
| Max Hua | CEO | 0 | https://shizune.co/investors/profile/max-hua |
| Shakira Lu | HR | 0 | https://shizune.co/investors/profile/shakira-lu |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BEVM | BEVM is a decentralized platform that offers solutions for the Ethereum ecosystem to operate on Bitcoin L2. |  | Corporate Round | Apr 26, 2024 |  |
| Shentu Chain | Shentu Chain is a software company that provides security insights and prevents attacks on cryptocurrency. |  | Seed | Mar 12, 2024 |  |
| BitFuFu | BitFuFu is a digital asset and cloud mining service provider that offers users access to cutting-edge blockchain infrastructure for cryptocurrency mining. =BitFuFu empowers individuals and businesses to engage in efficient and profitable mining operations. With a commitment to reliability and innovation, BitFuFu contributes significantly to thedecentralized landscape, providing comprehensive solutions that facilitate the seamless extraction of digital assets through cloud mining services. | $74M | Post-IPO Equity | Feb 29, 2024 |  |
| Core Scientific | Core Scientific is a Blockchain and Artificial Intelligence hosting, transaction processing, and application development company. Core Scientific is pioneering new innovations and practices in this nascent landscape, with demonstrated capabilities operating Blockchain and A.I. infrastructure at scale. Their platform is trusted by large-scalepartners around the world to deliver reliable solutions that quickly adapt to dynamic market conditions.Core Scientific was founded in 2017 and is headquartered in Bellevue, Washington, United States. | $53.9M | Post-IPO Equity | Sep 21, 2023 |  |
| Joystream | JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. | $5.9M |  | Mar 23, 2022 |  |
| Zhongke Microelectronics Technology | Zhongke Microelectronics is an integrated circuit design developer, integrating R&D, production, sales, and service. Its business covers industrial control and consumer products with RISC architecture series mask single-chip microcomputers, computer mobile Internet and peripherals, automotive electronics, high-performance Analog-digital hybridintegrated circuits and other fields. |  |  | Dec 03, 2021 |  |
| Zhongke Microelectronics Technology | Zhongke Microelectronics is an integrated circuit design developer, integrating R&D, production, sales, and service. Its business covers industrial control and consumer products with RISC architecture series mask single-chip microcomputers, computer mobile Internet and peripherals, automotive electronics, high-performance Analog-digital hybridintegrated circuits and other fields. |  | Corporate Round | Dec 03, 2021 |  |
| Joystream | JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform. | $5.9M | Seed | Sep 23, 2021 |  |
| Ava Labs | AVA Labs makes it simple to launch finance applications using blockchain technology–with highly scalable and efficient networks, customizable public and private blockchains, the capability to create any digital asset, and more. We are empowering people to build an open, simple, and democratic internet of finance. | $12M | Initial Coin Offering | Jun 25, 2020 |  |
| SAIHEAT | SAIHEAT provides higher cost performance hosting services for the supercomputing industry. | $1.4M | Angel | Jun 01, 2020 |  |

10 of 47 investments shown.

## Co-investors
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund, 6 deals together
- [DHVC](https://shizune.co/investors/profile/danhua-capital) — VC Fund, 4 deals together
- [Boost VC](https://shizune.co/investors/profile/boostfunder) — VC Fund, 3 deals together
- [QF Capital](https://shizune.co/investors/profile/qf-capital) — VC Fund, 3 deals together
- [Startuplab](https://shizune.co/investors/profile/startup-lab) — VC Fund, 3 deals together
- [8186 Capital](https://shizune.co/investors/profile/8186-capital) — VC Fund, 2 deals together

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## FAQ

### What does Bitmain invest in?

Bitmain invests primarily in Blockchain, Cryptocurrency and Bitcoin startups, most often at Series A and Seed stage. Most of the 47 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bitmain's check size?

Bitmain typically joins rounds of $480k–$5.9M at Seed and $1.5M–$15M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bitmain participates in.

### How do I contact Bitmain?

Public channels for Bitmain include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Bitmain?

The team at Bitmain includes Ahmed Ebrahim (Investment Manager), Yulia Fetisova (Sales and Business Development Manager) and Janet Zhao (Special Assistant to CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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