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Key people at PrimeBlock Ventures.
PrimeBlock Ventures was founded in 2021 by Erik Yang (Co-Founder).
PrimeBlock builds high-density infrastructure solutions focused on the digital asset sector, emphasizing sustainable and efficient operations. The company provides vertically integrated services from site selection and modular system fabrication to deployment and ongoing operations for blockchain mining and related high-density computing needs. It strategically locates facilities in areas offering low-cost power and access to renewable energy sources, designing custom solutions for optimized performance and rapid scalability.
The company was co-founded by Ryan Fang, serving as Chief Strategy Officer, and Chandler Song, as Chief Innovation Officer. PrimeBlock began its operational journey in September 2021, capitalizing on a market opportunity in hashrate migration identified in June of the same year. Their approach was rooted in establishing facilities in superior locations with abundant, low-cost power and engaging local communities, leveraging their expertise to streamline high-density service operations.
PrimeBlock’s offerings cater to large-scale blockchain operators and enterprises requiring robust, scalable, and efficient infrastructure for their digital asset activities. The company's vision is to establish itself as a preeminent high-density infrastructure provider across North America, enabling clients to deploy assets seamlessly and expand their operations with maximal efficiency and environmental responsibility.
PrimeBlock Ventures was founded in 2021 by Erik Yang (Co-Founder).
Key people at PrimeBlock Ventures.
PrimeBlock Ventures has 4 tracked investments across 4 companies. The latest tracked deal is $4.0M Seed in Valory in October 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 12, 2022 | Valory | $4.0M Seed | True Ventures | Atka, Proof Group, Semantic Ventures, Signature Ventures |
| Aug 19, 2022 | Safeheron | $7.0M Pre-Series A | Web3vision, YU Chen | FAN Zhang, Mingming ZHU, 7 O'clock Capital, Antalpha, Krypto's Fund, M77 Ventures, Shata Capital, Waterdrip Capital |
| Feb 10, 2022 | Aperture | $5.3M Seed | Michael Arrington, Costanoa Ventures, Divergence Ventures, Anjan Vinod | DO Kwon, Athena Ventures, Double Peak, Krypital Group, Metaline Ventures, Camron Miraftab, Stakely VC |
| Nov 1, 2021 | Phantasia Sports | $1.9M Seed | Alameda Research, GSR, Matthew Graham, SVC | 0X Ventures, Chainflow Capital, CMS, Darkpool Ventures, Petrock Capital, Patrick, Solanium Ventures |