# ePIC Blockchain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/epic-blockchain

- Industry: Semiconductors
- Headquarters: Toronto, Canada
- Website: www.epicblockchain.io
- Total disclosed funding: $0.1M
- Latest round: Seed (Jan 4, 2018)
- Investors on record: 1

## About

ePIC Blockchain Inc., based in Canada, specializes in developing advanced mining hardware and technologies for the blockchain economy, focusing on efficiency and performance enhancements for cryptocurrency mining operations.Founded in 2017 in Toronto, Canada, ePIC Blockchain Inc. designs and develops high-performance mining hardware for the cryptocurrency sector. The company, led by CEO Jim Seto, has completed a total of 3 deals with its latest funding round occurring on April 15, 2021. ePIC raised USD 7.50 mn in Series A funding, bringing the total amount raised to USD 7.50 mn and a current company valuation of USD 12.50 mn.ePIC Blockchain Technologies specializes in the design and development of high-performance mining hardware and associated technologies tailored for the blockchain economy. Their core products include custom Bitcoin miners, optimized ASIC miners, and the Universal Mining Controller (UMC), which supports various series like S19x, S21, M30, and M50. These products are engineered for enhanced performance and efficiency, featuring technologies such as PowerPlay for flexible control over mining parameters. ePIC focuses on low-power consumption and high profitability, catering primarily to institutional miners and small to medium-sized enterprises in North America, Europe, and Asia.ePIC Blockchain Technologies generates revenue through the sale of its mining hardware and software solutions, primarily via B2B transactions with mining firms and technology partners. The company sells flagship items like the ePIC BlockMiner™, designed with Intel® Blockscale™ technology, along with custom firmware and thermal solutions. Revenue is derived from direct sales agreements and licensing options for its UMC software, providing clients with tailored products and optimization tools for mining operations.In April 2021, ePIC Blockchain Inc. raised USD 7.50 mn in Series A funding, which will be allocated for prototyping and pre-production costs of ePIC’s third mining rig expected to launch in Q4 2021. The company plans to expand its offerings by entering new markets in Europe and Asia, focusing on enhancing its product portfolio and increasing its client base in these regions.

## Funding rounds

- Seed, Jan 4, 2018, $0.1M — Codebase Ventures Inc.

## Investors

- Codebase Ventures Inc. (https://capitalatlas.ai/funds/codebase-ventures-inc) — Seed