# Bitfury: portfolio, investments and team

> Bitfury is an investment firm. 3 investments on record, 2 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team.

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

[Investor](https://millionrounds.com/investors)

# Bitfury

Last cheque observed Feb 2026; 3 cheques on record.

Email

Investment firm Deploying now

Series C

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**100%** of best year **2** **cheques in 12 months**, 3 on record

Since the last cheque **254** days **00** hrs **00** min **00** sec

Median round **$12M** Rounds led **1 of 3** Sole investor **1 rounds**

Pitch Bitfury

## Bitfury highlights

- 01 2 cheques in the last 12 months
- 02 Mostly Series C: 100% of its rounds
- 03 Sole investor in 1 rounds, median $12M

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 1 round
- **Feb** **[Axelera AI](https://millionrounds.com/company/axelera-ai)** Series C · NL · TechStartups **$250M** With 9 others
- **2025** 1 round
- **Nov** **[Gonka](https://millionrounds.com/company/gonka)** Ventureburn **$12M** *Led*
- **2019** 1 round
- **Oct** **[NuCypher](https://millionrounds.com/company/nucypher)** Coindesk **$11M** With 9 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**5+** funds on file numbered funds in its name

## The cheque

Series C

Median round joined **$12M** the round, not its cheque Alone, median **$12M**

Led 1 of 3 rounds **33%**

- **Sole investor:** 1 rounds
- **Last cheque:** Feb 2026

Rounds by stage said on their site

- Series C *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Bitfury put money into.

[**Axelera AI** $250M · Feb 2026](https://millionrounds.com/company/axelera-ai)[**NuCypher** $11M · Oct 2019](https://millionrounds.com/company/nucypher)

## Quick answers about Bitfury

### What does Bitfury invest in?

Bitfury invests most often at Series C (100% of the rounds on record).

### How active is Bitfury?

3 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Feb 2026.

### What has Bitfury invested in recently?

Its most recent investments on record: Axelera AI (Series C, Feb 2026), Gonka (Nov 2025) and NuCypher (Undisclosed round, Oct 2019).

### How big are Bitfury's cheques?

The median round it joins is $12M.

### Is Bitfury investing now?

Yes: it is actively investing, with 2 investments in the last 12 months.

### What kind of investor is Bitfury?

Bitfury is an investment firm.

### Where does this information on Bitfury come from?

From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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