# Canaan Creative Global PTE.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/canaan-creative-global-pte

- Industry: Electronics
- Headquarters: Singapore, Singapore
- Website: www.canaan.io
- Total disclosed funding: $43M
- Latest round: Series A (May 4, 2017)
- Investors on record: 3

## About

Founded in 2013 and based in Singapore, Canaan Creative Global PTE. Ltd. operates as a developer and manufacturer of digital and blockchain computing equipment as well as producing innovative designed ASIC microprocessors that are sold globally. In November 2025, a consortium comprised of Brevan Howard Investment Management, Galaxy Asset Management and Weiss Asset Management acquired 63.6 million shares in Canaan Creative Global PTE. Ltd. for USD 72 million, or USD 1.131 apiece, in a PIPE deal.

The company’s main business is the R&D, design and sales of application-specific integrated circuit chips and their derivative equipment, along with providing system solutions and technical services. The company’s self-developed products include Avalon miners, mainly for Bitcoin mining, and other chips like the Kanza 210 for multi-modal recognition. Its products are used in the fields of blockchain and AI computing.

The company generates revenue by providing ASIC chips and related services.

The company will use the funding raised in November 2025 to strengthen finances and invest in utility-scale computing and energy infrastructure.

## Funding rounds

- Series A, May 4, 2017, $43M — Shanghai Jin Jiang International Hotels, Tunlan Investment, Baopu Asset Management

## Investors

- Shanghai Jin Jiang International Hotels — Series A
- Tunlan Investment (https://capitalatlas.ai/funds/tunlan-investment) — Series A
- Baopu Asset Management — Series A