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Canaan.io

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Canaan Creative is a producer of Blockchain servers and solutions for repetition ASIC chips

Dongcheng District, ChinaFounded 2013Fintech
Valuation $274M Market cap · 2026
Revenue $269M Latest reported FY

About Canaan.io

Canaan Inc. is a technology company that specializes in the design and development of high-performance computing solutions, with a particular focus on Application-Specific Integrated Circuit (ASIC) technology for Bitcoin mining. The company operates as a fabless integrated circuit (IC) designer, meaning it outsources the manufacturing of its chips. Its primary products are the AvalonMiner series, which are sold to cryptocurrency mining farms and individuals globally.

Beyond the crypto-mining sector, Canaan is expanding its offerings to include artificial intelligence (AI) chips and solutions. This involves providing a comprehensive package to its customers, which includes AI chips, algorithm development and optimization, hardware modules, and software services. The company's business model is centered on the sale of its hardware, primarily the AvalonMiner series, and it generates revenue through the global distribution of these products. Canaan serves a worldwide market of cryptocurrency miners and is also targeting clients in the AI and high-performance computing sectors.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2013
Headquarters
Dongcheng District, China
Listing
IPO 2019
Sector
Fintech
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Tunlan Investment
  • Jin Jiang International
  • Baopu Asset Management
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
12 countries with
team presence
🇨🇳 China48.7%
🇺🇸 United States15%
🇸🇬 Singapore15%
🇲🇾 Malaysia13.3%
🇭🇰 Hong Kong1.8%
Top 5 of 12 shown
Web traffic by country
46K monthly visits
across markets
🇺🇸 United States24.8%
🇨🇦 Canada11.5%
🇬🇧 United Kingdom10%
🏳️ Korea7%
🏳️ Republic of4.6%
Top 5 markets shown

Patents

Estimated portfolio value
$37M

432 active patent families included in this estimate.

A patent family groups patent filings for the same invention. Source: Dealroom · PatSnap.

Explore the patent portfolioPatent records, technology areas and peer comparisonsBook a demo

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Canaan.io on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Canaan.io on the full Dealroom platform

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