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Spacemesh

Series A

Spacemesh provides hardware mining solutions for cryptocurrency using commodity-level digital storage such as magnetic and SSD drives. The network allows blockchain operations on any computer and is resistant to powerful mining chips and GPUs. Founded in 2017 in Herzliya, Israel, the company has raised $18.0M in Series A funding from investors including BRM, iAngels, Polychain, and Paradigm. It is designed to use…

High Tech · Blockchain Infrastructure, · Herzliya, Israel · EST 2017

About

Spacemesh provides hardware mining solutions for cryptocurrency using commodity-level digital storage such as magnetic and SSD drives. The network allows blockchain operations on any computer and is resistant to powerful mining chips and GPUs. Founded in 2017 in Herzliya, Israel, the company has raised $18.0M in Series A funding from investors including BRM, iAngels, Polychain, and Paradigm. It is designed to use commodity-level digital storage such as magnetic drives and SSD drives. The network claims to allow the blockchain on any computer and be resistant to powerful mining chips and GPUs. Founded in 2017, headquartered in Herzliya, Israel. The team comprises 9 (Jun 30, 2026) employees. Backed by investors including BRM, iAngels, Bancor Protocol, Alignment.

Business model

Blockchain Infrastructure > Mining > Hardware,

Cryptocurrencies > Mining > Cloud Mining

Founders & team highlights

$5M+ Club Founder,

Founder with Prior Acquisition,

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur,

College Wise > Tel Aviv University

Institutional investors

BRMiAngelsBancor ProtocolAlignmentPolychainParadigmcapMetaStable CapitalArrington XRP CapitalBain Capital1KXElectric CapitalSlow VenturesDekrypt CapitalgCCventures.coinbase.com

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