# BitFury Group funding: rounds and investors

> BitFury Group has raised $140M across 4 rounds since 2014. Investors include Bill Tai, Lars Rasmussen and Bob Dykes. Every round with its source.

Source: https://millionrounds.com/company/bitfury-group (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *BitFury Group*

4 rounds we have observed, with the 13 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 summary Updated 26 Oct 2026

**$140M** raised across 4 rounds since 2014, from 4 sources

**$20M** Series A **$20M** Series C **$20M** Series B **$80M** Venture

- **Latest round:** Venture, $80M Jul 2018
- **Step-up i:** 4×
- **Investors:** 13

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.

2015 2016 2017 2018

**$20M** Series A

**$20M** Series C

**$80M** Venture

- **First round:** Series A, $20M
- **Biggest round:** $80M
- **Usual gap between rounds:** 3.8 years

## The rounds

- **Jul 2018** Venture **$80M** *2 new* [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Source recorded
- **Oct 2014** Series B **$20M** *4 returning* [Bill Tai](https://millionrounds.com/fund/bill-tai) [Lars Rasmussen](https://millionrounds.com/fund/lars-rasmussen) [Bob Dykes](https://millionrounds.com/fund/bob-dykes) [Georgian Co-Investment Fund](https://millionrounds.com/fund/georgian-co-investment-fund) From a historical funding record
- **Oct 2014** Series C **$20M** *5 new* *1 returning* [Bill Tai](https://millionrounds.com/fund/bill-tai) [iTech Capital](https://millionrounds.com/fund/itech-capital) [DRW](https://millionrounds.com/fund/drw) [Lars Rasmussen](https://millionrounds.com/fund/lars-rasmussen) [Bob Dykes](https://millionrounds.com/fund/bob-dykes) [Georgian Co-Investment Fund](https://millionrounds.com/fund/georgian-co-investment-fund) From a historical funding record
- **May 2014** Series A **$20M** *6 new* [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [Crypto Currency Partners](https://millionrounds.com/fund/crypto-currency-partners) [Bill Tai](https://millionrounds.com/fund/bill-tai) [ZAD Investments](https://millionrounds.com/fund/zad-investments) [Binary Financial](https://millionrounds.com/fund/binary-financial) Jonathan Teo From a historical funding record

## 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.

**Series A** 2014 **Series C** 2014 **Series B** 2014 **Venture** 2018 [Bill Tai](https://millionrounds.com/fund/bill-tai) [Lars Rasmussen](https://millionrounds.com/fund/lars-rasmussen) [Bob Dykes](https://millionrounds.com/fund/bob-dykes) [Georgian Co-Investment Fund](https://millionrounds.com/fund/georgian-co-investment-fund) [QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Crypto Currency Partners](https://millionrounds.com/fund/crypto-currency-partners) [iTech Capital](https://millionrounds.com/fund/itech-capital) [DRW](https://millionrounds.com/fund/drw)

## Everyone who backed them

[Bill Tai](https://millionrounds.com/fund/bill-tai) Angel **3** rounds

[Lars Rasmussen](https://millionrounds.com/fund/lars-rasmussen) Angel **2** rounds

[Bob Dykes](https://millionrounds.com/fund/bob-dykes) Angel **2** rounds

[Georgian Co-Investment Fund](https://millionrounds.com/fund/georgian-co-investment-fund) Growth equity **2** rounds

[QueensBridge Venture Partners](https://millionrounds.com/fund/queensbridge-venture-partners) VC firm **1** round

[Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) VC firm **1** round

[Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Private equity **1** round

[Crypto Currency Partners](https://millionrounds.com/fund/crypto-currency-partners) VC firm **1** round

[iTech Capital](https://millionrounds.com/fund/itech-capital) Private equity **1** round

[DRW](https://millionrounds.com/fund/drw) VC firm **1** round

[ZAD Investments](https://millionrounds.com/fund/zad-investments) Company **1** round

[Binary Financial](https://millionrounds.com/fund/binary-financial) VC firm **1** round

Jonathan Teo no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=bitfury-group).

## Quick answers about BitFury Group

### Who invested in BitFury Group?

BitFury Group's investors include Bill Tai, Lars Rasmussen, Bob Dykes, Georgian Co-Investment Fund and QueensBridge Venture Partners, and 8 more on record.

### How much has BitFury Group raised?

BitFury Group has raised $140M across 4 rounds since 2014.

### When did BitFury Group last raise?

BitFury Group's most recent round was a Venture of $80M in Jul 2018.

### What was BitFury Group's biggest round?

Its most recent round, $80M in Jul 2018, is also its largest on record.

### Who backed BitFury Group first?

BitFury Group's first round on record, in May 2014, was backed by QueensBridge Venture Partners, Crypto Currency Partners and Bill Tai and 3 others.

### What stage is BitFury Group at?

BitFury Group's latest named round is a Venture, in Jul 2018.

### Where is BitFury Group based?

BitFury Group is based in the United States.

## Companies like BitFury Group

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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