Canada · Venture startup

Who invested in Bitfarms

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summaryUpdated 26 Oct 2026

$20Mraised across 2 rounds since 2019, from 2 sources

Latest round
VentureOct 2025
Biggest round
$20MDebt · Mar 2019
Investors
2
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019202020212022202320242025
$20MDebt?Venture
First round
Debt, $20M
Mar 2019
Biggest round
$20M
Debt · Mar 2019
Between rounds
6.5 years
from the last two

The rounds

  1. Oct 2025
    VentureAmount undisclosed1 new

    Source recorded

  2. Mar 2019
    Debt$20M1 new

    Reported by FinSMEs

Founders and team

From Bitfarms's own website: 15 on the team.

  • Ben GagnonChief Executive Officer & Director
  • Alex BrammerExecutive Vice President, Operations
  • Andrea KeenSenior Vice President, People & Culture
  • Marc WishanskySenior Vice President, Information Technology
  • Marc-Andre AmmannExecutive Vice President, Finance & Accounting
  • Tara GoldsteinSenior Vice President, Marketing & Communications
  • Tom TyreeSenior Vice President, Strategy & Finance
  • Ganesh AiyerPresident
  • Jonathan MirChief Financial Officer
  • Liam WilsonChief Operating Officer
  • Amy FreedmanIndependent Director
  • Andrew J. ChangIndependent Director
  • Brian HowlettIndependent Director
  • Fanny PhilipIndependent Director
  • Wayne DusoIndependent Director

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Galaxy DigitalPrivate equity1round
Dominion CapitalPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Bitfarms

Who invested in Bitfarms?

Bitfarms's investors include Galaxy Digital and Dominion Capital.

How much has Bitfarms raised?

Bitfarms has raised $20M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor.

When did Bitfarms last raise?

Bitfarms's most recent round was a Venture in Oct 2025.

What was Bitfarms's biggest round?

Bitfarms's largest round on record is $20M (Debt), in Mar 2019.

Who backed Bitfarms first?

Bitfarms's first round on record, in Mar 2019, was backed by Dominion Capital.

What stage is Bitfarms at?

Bitfarms's latest named round is a Venture, in Oct 2025.

Where is Bitfarms based?

Bitfarms is based in Canada.

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