Status
ACTIVE
Global HQ
Amsterdam, Netherlands
Countries of investment
- Georgia
- Iceland
- Canada
- Norway
- Kazakhstan
- United States
Investment stages
- Growth
Industries
- AI
- Blockchain
- Cloud Computing
- Data Science
- Digital Infrastructure
- Energy
- HPC
- Technology
About
Bitfury allocates capital to global AI compute, blockchain infrastructure, and digital asset ecosystems, focusing on markets that support energy-efficient high-density data operations. The firm partners with governments, hyperscalers, and institutional investors to build mission-critical infrastructure across the United States, Europe, and emerging technology hubs. Its strategy emphasizes sovereign-grade reliability, scalable power availability, and the convergence of AI, cloud, and secure distributed systems.
Bitfury allocates capital to global AI compute, blockchain infrastructure, and digital asset ecosystems, focusing on markets that support energy-efficient high-density data operations. The firm partners with governments, hyperscalers, and institutional investors to build mission-critical infrastructure across the United States, Europe, and emerging technology hubs. Its strategy emphasizes sovereign-grade reliability, scalable power availability, and the convergence of AI, cloud, and secure distributed systems.
Investment Thesis
Bitfury invests in large-scale digital infrastructure powering the next generation of AI and high-performance computing. The firm targets hyperscale data centers, energy-intensive compute clusters, blockchain infrastructure, and sovereign-grade digital systems in geographies where regulatory alignment and energy economics enable long-term value creation.
Manager's Experience
The leadership team brings decades of experience in high-performance computing, blockchain infrastructure, and large-scale digital systems. Its executives have led global engineering, cryptography, and energy-management projects across the US, Europe, and Asia, leveraging deep technical and operational expertise in data centers, sovereign digital infrastructure, and enterprise-grade compute networks.
Team
Val Vavilov – CEO
Co-founder
Chairman; Brian P. Brooks – Board Member; George Kikvadze – Board Member / Executive Vice Chairman; Bertrand des Pallieres – Board Member; Bill Tai – Advisory Board Member; Brian Forde – Advisory Board Member; Jason Weinstein – Advisory Board Member; Young K. Sohn – Advisory Board Member; Dr. Jackson Hu – Advisory Board Member; Marat Kichikov – Investment Director; Vadim Krutov – Group COO; Stijn Ehren – Tax Director; Alexey Deyneko – Head of Bitfury Mining Solutions
Portfolio
Cipher Mining
AXELERA AI
LiquidStack
Crystal
Hut 8 Mining
BitGo
Xapo
Longenesis
Abra
BitPesa
Shyft Network