Canaan Creative | |
Company type | Public |
Nasdaq: CAN | |
Industry | |
Founded | 2013 |
Founder | N.G. Zhang [1] |
Headquarters | |
Area served | Globally |
Key people | N.G. Zhang |
Products | |
Number of employees | >300 |
Website | canaan |
Canaan Inc., doing business as Canaan Creative and known simply as Canaan, is a Singapore-based computer hardware manufacturer [2] . Established in 2013 by N.G. Zhang, [3] Canaan specializes in Blockchain servers and ASIC microprocessors for use in bitcoin mining. [4] [5]
In 2013, while still studying for a doctor's degree, [6] N.G. Zhang established Canaan Creative in China, where he served as chairman and CEO. [7]
In 2016, Canaan attempted a reverse takeover for $466 Millions USD by Shandong Luyitong, a public company listed on the Shenzhen Stock Exchange. [7]
In January 2019, reports surfaced that Canaan is considering an IPO in the United States. [5] Canaan raised $90 million in their November 2019 IPO. [8]
In 2019, Canaan completed its initial public offering on the Nasdaq Global Market.
In 2022, Canaan's headquarters in Singapore were established. [9]