Pow.re Holdings Limited

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Pow.re Holdings Limited - overview

Established

2019

Location

Montreal, QC, Canada

Primary Industry

Financial Services

About

Based in Quebec, Canada, and founded in 2019 by Mike Blais-Cohen (CEO), SJ Oh (COO), and Ian Descoteaux (CTO), Pow. re Holdings Limited is a fintech company that provides proof-of-work digital mining services. In February 2023, Pow. re Holdings Limited raised USD 9.


2 million in Series A funding led by investor Haru, with participation from Trinito and RFD Capital. The company provides tools that help convert stranded energy into digital asset opportunities, giving digital asset miners access to low-cost energy sources. Furthermore, the company mitigates risk and provides opportunities and rewards by underwriting and executing transactions that connect energy producers with speculators, allowing speculators to hedge against uncertainties.


Current Investors

Haru, Trinito, RFD Capital

Primary Industry

Financial Services

Sub Industries

Financial Services, Analytics & Performance Software

Website

www.pow.re

Verticals

FinTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.