Tech Company Financing Transactions
Pow.re Funding Round
Pow.re, based in Montreal, Quebec, scored $9.2 million from Haru Invest, RFD Capital and Trinito.
Transaction Overview
Company Name
Announced On
2/2/2023
Transaction Type
Venture Equity
Amount
$9,200,000
Round
Series A
Investors
Proceeds Purpose
These investments provide the Company means to execute its counter-cyclical ASIC purchasing and infrastructure growth strategy. Pow.re will tactically drive infrastructure growth by maximizing use of capacity in existing Canadian facilities while building out further capacity at new HDC facilities.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
201-1350 Rue Mazurette
Montreal, Quebec, H4N 1H2
CA
Montreal, Quebec, H4N 1H2
CA
Phone
Undisclosed
Website
Email Address
Overview
We are a global team of visionaries, early adopters, and hashing power experts with extensive sector involvement.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Cohen
Chief Financial Officer
Calvin Tay
Chief Technical Officer
Ian Descoteaux
Browse more venture capital transactions:
Prev: 2/1/2023: Ronovo Surgical venture capital transaction
Next: 2/2/2023: ToolJet venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC investment data records on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs