Loading organizations...
§ Venture Capital · San Francisco, CA, USA
Hut 8 develops and operates an integrated portfolio of power, digital infrastructure, and compute assets for transformative technologies. It employs a power-first strategy, managing energy assets and engineering specialized facilities for ASIC and CPU colocation. The company also deploys hardware for energy-intensive uses, including AI compute via its Highrise AI GPU-as-a-Service.
Hut 8 Corp. formed in November 2023, merging Hut 8 Mining Corp. and U.S. Data Mining Group, Inc. Co-founders Asher Kevin Genoot, CEO, and Michael Ho, Chief Strategy Officer, led this consolidation. Their insight united digital asset mining and high-performance computing infrastructure, forging a resilient, diversified sector leader.
Hut 8 serves diverse clients needing robust energy-intensive digital infrastructure, from asset owners to organizations requiring colocation and AI compute. Its vision is to build an adaptable platform evolving with demanding technologies, addressing grid pressures, and fueling future innovations. This strategy supports breakthroughs yet to be achieved.
Hut 8 Ventures has 1 tracked investment across 1 company. The latest tracked deal is $71.0M Other Equity in Level Home in October 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 15, 2019 | Level Home | $71.0M Other Equity | — | Eric Feder, Ashley Hubka |