When was Spacemesh founded?

Spacemesh was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Spacemesh located?

Spacemesh is headquartered in Herzliya, Israel.

Who is the current CEO of Spacemesh?

Tomer Afek of Spacemesh. They have also founded 1 company.

How many employees does Spacemesh have?

As of Mar 31, 2026, the latest employee count at Spacemesh is 10.

Is Spacemesh a funded company?

Spacemesh is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 07, 2018.

When was the latest funding round of Spacemesh?

Spacemesh's latest funding was a $***** Series A round on Sep 05, 2018, with participation from 17 investors.

Where does Spacemesh rank among its competitors?

Spacemesh ranks 24th amongst 659 active competitors, of which 55 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Marathon Digital Holdings, which secured $950M in Jul, 2025.

Who are the top competitors of Spacemesh?

Spacemesh's top competitors include BITMAIN, Bitfury and Bitdeer. Among them, Marathon Digital Holdings secured the most recent funding round in July, 2025.

Spacemesh - 2026 Company Profile, Team, Funding & Competitors

Spacemesh is a series A company based in Herzliya (Israel), founded in 2017 by Aviv Eyal and Tomer Afek. It operates as a Hardware mining solutions for cryptocurrency. Spacemesh has raised $18M in funding from investors like BRM, Polychain and Bancor Protocol. The company has 659 active competitors, including 55 funded and 44 that have exited. Its top competitors include companies like BITMAIN, Bitfury and Bitdeer.

Company Details

Hardware mining solutions for cryptocurrency. It is designed to use commodity-level digital storage such as magnetic drives and SSD drives. The network claims to allow the blockchain on any computer and be resistant to powerful mining chips and GPUs.

Website: spacemesh.io
Social
Email ID: *****@spacemesh.io

Key Metrics

Founded Year

2017

Location

Herzliya, Israel

Stage

Series A

Total Funding

$18M in 2 rounds

Latest Funding Round

Series A, Sep 05, 2018, $*****

Investors

BRM & 29 more

Ranked

24^th among 659 active competitors

Employee Count

10 as on Mar 31, 2026

Similar Companies

BITMAIN & 1906 more

View Spacemesh's full profile

Spacemesh has raised a total funding of $18M over 2 rounds. Its first funding round was on May 07, 2018. Its latest funding round was a Series A round on Sep 05, 2018 for $*****. 17 investors participated in its latest round. Spacemesh has 28 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Spacemesh:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 05, 2018	7217472	Series A	7396110	9310408	9194963	7542711
May 07, 2018	2241283	Seed	6236760	6326451	BRM & 2 more	Alignment

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View details of Spacemesh's funding rounds and investors

The founders of Spacemesh are Aviv Eyal and Tomer Afek. Tomer Afek is the CEO of Spacemesh.

Here are the details of Spacemesh's key team members:

Aviv Eyal: Co-Founder of Spacemesh and founder of 1 other company.
Tomer Afek: Co-Founder & CEO of Spacemesh.
Contact Info: 2 email addresses

View details of Spacemesh's Founder profiles and Board Members

Spacemesh's employee count trend

Spacemesh has 10 employees as of Mar 26. Here is Spacemesh's employee count trend over the years:

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Top competitors of Spacemesh include BITMAIN, Bitfury and Bitdeer. Here is the list of Top 10 competitors of Spacemesh, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BITMAIN 2013, Beijing (China), Series C	Developer of hardware solutions for crypto mining	$950M	Sequoia Capital, Coatue & 26 others	77/100
2nd	Bitfury 2011, Amsterdam (Netherlands), Series D	AI and blockchain-based platform offering cryptocurrency mining solutions	$181M	Georgian Co-Investment Fund, Crypto Currency Partners ... & 38 others	71/100
3rd	Bitdeer 2013, Singapore (Singapore), Public	Developer of pool mining solutions for cryptocurrency	$12M	Genimous Technology, Tether & 1 others	69/100
4th	Helium 2006, San Francisco (United States), Series D	Hardware mining solutions for cryptocurrency	$370M	Andreessen Horowitz, Union Square Ventures ... & 50 others	69/100
5th	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Ulu Ventures & 1 others	68/100
6th	Core Scientific 2017, Bellevue (United States), Acquired	AI and blockchain-based infrastructure and software solutions	$49M	Apollo Global Management, BlackRock & 4 others	68/100
7th	Argo Blockchain 2017, London (United Kingdom), Acquired	Sustainable mining and blockchain development solutions for Bitcoin	-	Galaxy, Vela Technologies & 1 others	66/100
8th	Marathon Digital Holdings 1997, Fort Lauderdale (United States), Public	Operator of data centers focused on energy transformation and digital assets	-	BlackRock, SIG & 1 others	64/100
9th	Canaan 2013, Hangzhou (China), Public	Developer of ASICs for block-chain computing	$43.7M	Fundamental Labs, Jin Jiang International ... & 2 others	60/100
10th	BitMine 2021, Las Vegas (United States), Series B	Bitcoin mining & hosting platform	$258M	Coral Investment Partners	60/100
24th	Spacemesh 2017, Herzliya (Israel), Series A	Hardware mining solutions for cryptocurrency	$18M	BRM, DHVC & 28 others	47/100