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Golem Factory logo — Golem Network allows users to rent CPU/GPU cycles and earn c...

Golem Factory

Golem Network allows users to rent CPU/GPU cycles and earn cryptocurrency to shape the future.

Founded 2016 Poland Poland 11-50 employees Seed Total: $17.20M Crypto, IT +1

General Information

Company Name Golem Factory
Founded Year 2016
Location Poland Poland
Founders / Decision Makers
Team member
Employees 11-50
Industries Crypto, IT, Information Technology
Funding Stage Seed
Social

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About Golem Factory

Golem Factory is an Information Technology startup founded in 2016 and headquartered in Poland. The company's slogan "Golem Network allows users to rent CPU/GPU cycles and earn cryptocurrency to shape the future" encapsulates its core offering. Through the Golem Network, individuals have the opportunity to earn cryptocurrency by renting out their unused CPU/GPU cycles. This serves as the foundation for a worldwide community of ambitious developers who are collaboratively working on cutting-edge software solutions aimed at shaping the future of technology. The key value proposition lies in tapping into computing resources across the entire platform. In terms of investments, Golem Factory recently secured a Seed Round investment on 01 January 2019 from Nirvana Capital. This investment is expected to further bolster the company's position within the market and support the ongoing development of its innovative solutions. With its unique approach to leveraging computational resources and the backing of investors like Nirvana Capital, Golem Factory is poised to make a substantial impact within the burgeoning cryptocurrency and technology landscape.

Business keywords: decentralized network, cloud computing, cryptocurrency, CPU/GPU cycles, rental marketplace, distributed computing, blockchain technology, innovative software solutions, technology community, computing resources, global platform, developer community, peer-to-peer network

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Nirvana Capital
01 Jan 2019
ICO $8.60M -
18 Dec 2017
ICO Undisclosed 2
JaMes Sowers, Dean Patrick
09 Apr 2017
ICO $8.60M -
11 Nov 2016

Golem Factory Alternatives & Competitors

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FAQ About Golem Factory

Golem Network allows users to rent CPU/GPU cycles and earn cryptocurrency to shape the future.
Golem Factory was founded in 2016.
Golem Factory is headquartered in Poland.
Golem Factory operates in Crypto, IT and Information Technology. Its work centres on decentralized network, cloud computing, cryptocurrency and CPU/GPU cycles.
Golem Factory has approximately 11-50 employees.
Golem Factory has completed 4 funding rounds, raising a total of $17.20M. The latest funding stage is Seed.
Top alternatives and competitors to Golem Factory include EOSIO, Aergo, Dash - Digital Cash (Cryptocurrency), Polygen, Menlo One. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Golem Factory and EOSIO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Golem Factory, https://bouncewatch.com/company/golem-factory, updated 11 September 2024. When citing, please name BounceWatch and link this page.

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