Canaan Creative Global PTE. Ltd.
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Canaan Creative Global PTE. Ltd. - overview
Established
2013
Location
Singapore, -, Singapore
Primary Industry
Electronics
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.
Current Investors
Brevan Howard, Weiss Asset Management, Galaxy Asset Management
Primary Industry
Electronics
Sub Industries
Electronic Components, Integrated Circuits, Hardware, Fabless Semiconductors, Semiconductor Equipment & Testing, Semiconductors, Software, Telecoms
Website
www.canaan.io
Verticals
Blockchain, E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
Canaan Creative Global PTE. Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Canaan Creative Global PTE. Ltd. | - |
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