Spondoolies Tech Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 3

Employees

  • Latest Deal Type
  • M&A

Spondoolies Tech General Information

Description

Developer of bitcoin mining devices designed for efficiency and performance. The company manufactures digital currency hardware and also provides cloud mining and bulk sales service, enabling private and commercial users to get easy to use and simple to set up rigs.

Contact Information

Website
www.spondoolies-tech.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 8 Pinchas Sapir Street
  • Ness Ziona 7403631
  • Israel
Primary Industry
Other Hardware
Acquirer
Blockstream
Vertical(s)
Manufacturing, Industrials, TMT, Cryptocurrency/Blockchain, FinTech
Corporate Office
  • 8 Pinchas Sapir Street
  • Ness Ziona 7403631
  • Israel

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Spondoolies Tech Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 24-Aug-2021 Completed Generating Revenue
3. Early Stage VC 22-Dec-2015 Completed Generating Revenue
2. Early Stage VC (Series B) 28-Oct-2014 $5M $11M Completed Generating Revenue
1. Early Stage VC 01-Aug-2013 $6M $6M Completed Startup
To view Spondoolies Tech’s complete valuation and funding history, request access »

Spondoolies Tech Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of bitcoin mining devices designed for efficiency and performance. The company manufactures digital currency h
Other Hardware
Ness Ziona, Israel
3 As of 2021

Beijing, China
 
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Spondoolies Tech Competitors (1)

One of Spondoolies Tech’s competitors is BITMAIN, a Private Equity-Backed company based in Beijing, China.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BITMAIN Private Equity-Backed Beijing, China
You’re viewing 1 of 1 competitors. Get the full list »

Spondoolies Tech Patents

  • 11

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Spondoolies Tech Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-3213189-A1 Method and system for reducing power consumption in bitcoin mining via waterfall structure Inactive 30-Oct-2014
EP-3213189-A4 Method and system for reducing power consumption in bitcoin mining via waterfall structure Inactive 30-Oct-2014
WO-2016067295-A1 Method and system for reducing power consumption in bitcoin mining via waterfall structure Inactive 30-Oct-2014
EP-3198783-A1 Method and system for reducing power consumption in bitcoin mining via data input hopping Inactive 23-Sep-2014
EP-3198783-A4 Method and system for reducing power consumption in bitcoin mining via data input hopping Inactive 23-Sep-2014 H04L9/50
To view Spondoolies Tech’s complete patent history, request access »

Spondoolies Tech Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Spondoolies Tech Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Agile Wings Accelerator/Incubator Minority
BRM Group Venture Capital Minority
BTCS Corporation Minority
Genesis Partners Venture Capital Minority
To view Spondoolies Tech’s complete investors history, request access »

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Spondoolies Tech FAQs

  • When was Spondoolies Tech founded?

    Spondoolies Tech was founded in 2013.

  • Where is Spondoolies Tech headquartered?

    Spondoolies Tech is headquartered in Ness Ziona, Israel.

  • What is the size of Spondoolies Tech?

    Spondoolies Tech has 3 total employees.

  • What industry is Spondoolies Tech in?

    Spondoolies Tech’s primary industry is Other Hardware.

  • Is Spondoolies Tech a private or public company?

    Spondoolies Tech is a Private company.

  • What is Spondoolies Tech’s current revenue?

    The current revenue for Spondoolies Tech is .

  • How much funding has Spondoolies Tech raised over time?

    Spondoolies Tech has raised $13.2M.

  • Who are Spondoolies Tech’s investors?

    Agile Wings, BRM Group, BTCS, and Genesis Partners have invested in Spondoolies Tech.

  • Who are Spondoolies Tech’s competitors?

    BITMAIN is a competitor of Spondoolies Tech.

  • When was Spondoolies Tech acquired?

    Spondoolies Tech was acquired on 24-Aug-2021.

  • Who acquired Spondoolies Tech?

    Spondoolies Tech was acquired by Blockstream.

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