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Gridless logo — Distributed, renewable energy, bitcoin mining in rural Afric...

Gridless

Distributed, renewable energy, bitcoin mining in rural Africa

Founded 2022 Kenya Nairobi, Kenya 4 employees Seed Total: $2.00M Crypto

General Information

Company Name Gridless
Founded Year 2022
Location Kenya Nairobi, Kenya
Employees 4
Industries Crypto
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with Gridless. To contact Gridless, visit gridlesscompute.com.

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About Gridless

Gridless is a distributed, renewable energy, bitcoin mining startup based in Kenya, founded in 2022. The company's mission is to assist energy developers in Africa to become more sustainable and to extend power further out to the edges, thus contributing to the decentralization of the bitcoin network. Their approach involves creating hash power in other parts of the world. Gridless recently secured a $2.00M investment in a Seed Round that took place on 06 December 2022. The funding was provided by investors such as Factor[e] Ventures, StillMark, and Block. With a focus on sustainable energy and expanding the decentralized nature of cryptocurrency, Gridless is poised to make a significant impact on the African energy sector and the global bitcoin network.

Taxonomy: Distributed energy, Renewable energy, Bitcoin mining, Africa, Energy development, Decentralization, Electricity access, Energy efficiency

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $2.00M 3
Factor[e] Ventures StillMark
Factor[e] Ventures, StillMark +1
06 Dec 2022
Angel Round Undisclosed 1
Factor[e] Ventures
Factor[e] Ventures
01 Apr 2022

Latest News

View All
Jack Dorsey’s payments company, Block, is building its own bitcoin mining system — Cnbc
Jack Dorsey’s payments company, Block, is building its own bitcoin mining system
Cnbc Apr 24, 2024
How a Jack Dorsey-backed bitcoin miner uses a volcano in Kenya to turn on the lights in rural homes — Cnbc
How a Jack Dorsey-backed bitcoin miner uses a volcano in Kenya to turn on the lights in rural homes
Cnbc Apr 20, 2024

Gridless Alternatives & Competitors

Gridless vs
Digihost Technology Inc.
Digihost Technology Inc. United States

Digihost is a Blockchain Technology Company based in the United States with a focus on Bitcoin minin...

Post-IPO Equity
7 employees
Blockchain, Crypto
Gridless vs
Heatbit
Heatbit United States

Award-winning home devices that mine Bitcoin. Heat. Purify. Earn. Repeat 🔥

10 employees
AI, Computing
Gridless vs
Digital Power Optimization, Inc.
Digital Power Optimization, Inc. United States

Profitable Solutions for Energy's Biggest Problems

Series A
5 employees
Blockchain, Crypto

FAQ About Gridless

Distributed, renewable energy, bitcoin mining in rural Africa
Gridless was founded in 2022.
Gridless is headquartered in Nairobi, Kenya.
Gridless operates in Crypto. Its work centres on Distributed energy, Renewable energy, Bitcoin mining and Africa.
Gridless has approximately 4 employees.
Gridless has completed 2 funding rounds, raising a total of $2.00M. The latest funding stage is Seed.
Top alternatives and competitors to Gridless include Digihost Technology Inc., Heatbit, Digital Power Optimization, Inc., Volcano Energy, Gryphon Digital Mining. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Gridless and Digihost Technology Inc. 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 Gridless, https://bouncewatch.com/company/gridless, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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