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Core Scientific - Company Overview, Founder, CEO, Funding & Investment Details

Complete information about Core Scientific including founder details, CEO information, total funding raised, headquarters location, team size, and recent investment rounds.

Core Scientific company logo

Rapidly delivering high-density colocation at scale

Core Scientific is a major provider of blockchain infrastructure and digital asset mining services in North America.

HeadquartersAustin, Texas, United States
Team size250-500
Founded2017

What is Core Scientific? - Company Overview & Details

Core Scientific is Core Scientific is a major provider of blockchain infrastructure and digital asset mining services in North America. Founded in 2017, the company is headquartered in Austin, Texas, United States.

Who Founded Core Scientific?

Core Scientific was founded by .

Who are the Key Executives at Core Scientific? - Leadership Team

Core Scientific is led by experienced executives in key positions:

Chief Executive Officer (CEO) of Core Scientific

Adam SullivanCEO

Chief Technology Officer (CTO) of Core Scientific

CTO

About Adam Sullivan - CEO of Core Scientific

Adam Sullivan serves as the Chief Executive Officer of Core Scientific, leading the company's strategic vision and operations. Connect with them on LinkedIn for professional insights.

Core Scientific Company Details & Key Information

Where is Core Scientific located?

Core Scientific is headquartered in Austin, Texas, United States.

How many employees does Core Scientific have?

Core Scientific has 250-500 employees.

When was Core Scientific founded?

Core Scientific was founded in 2017.

Core Scientific Official Website

How much funding has Core Scientific raised?

Core Scientific has raised $1.2 Billion across 4 funding rounds. The most recent funding was completed on 2025-01-03.

Funding Overview

Core Scientific has raised significant amounts through various funding rounds, with a focus on expanding its mining capacity and infrastructure.

$1.2 Billion
Total Funding Raised
4
Funding Rounds
2025-01-03
Latest Round

Core Scientific Funding History

Post IPO Debt
2025-01-03
$550 Million
Post IPO equity
2024-08-08
$260 Million

Who are the key investors in Core Scientific?

Core Scientific is backed by 2 key investors including Celsius Network, B. Riley. These investors focus on Bitcoin Mining, Cryptocurrency, Investment Banking sectors.

Core Scientific Investor Overview

2
Key Investors
4
Focus Areas
2
Notable Investments

Complete List of Core Scientific Investors

Celsius Network

A cryptocurrency lending platform that has invested heavily in Core Scientific.

Investment Focus
Bitcoin Mining
Cryptocurrency
Notable Portfolio Companies
$200 Million in mining equipment

B. Riley

Investment bank providing financing to Core Scientific.

Investment Focus
Investment Banking
Convertible Debt
Notable Portfolio Companies
$70 Million to fund bankruptcy costs

What sectors do Core Scientific investors focus on?

The investors backing Core Scientific primarily focus on Bitcoin Mining, Cryptocurrency, Investment Banking, Convertible Debt sectors.

Bitcoin Mining
Cryptocurrency
Investment Banking
Convertible Debt

Featured Investor: Celsius Network

Celsius Network

A cryptocurrency lending platform that has invested heavily in Core Scientific.

Notable Investments: $200 Million in mining equipment

What are Core Scientific's future plans?

Core Scientific Core Scientific aims to expand its infrastructure to support higher efficiency in cryptocurrency mining and blockchain applications.

Core Scientific Strategic Outlook

Strategic Focus
Defined
3
Key Challenges
2
Growth Opportunities

What challenges does Core Scientific face?

Core Scientific has identified 3 key challenges that need to be addressed for continued growth and success.

Key Challenges for Core Scientific

1

Increased competition in the mining space

2

Volatility in cryptocurrency prices

3

Regulatory changes

What opportunities does Core Scientific have?

Core Scientific has identified 2 key opportunities for growth and market expansion.

Growth Opportunities for Core Scientific

1

Expansion into AI and high-performance computing

2

Growing demand for efficient energy usage in mining

Core Scientific Strategic Position Summary

Key Focus Areas

Core Scientific is addressing 3 strategic challenges to strengthen its market position.

Growth Potential

The company has identified 2 key opportunities for expansion and growth.

What are the latest news about Core Scientific?

Core Scientific has 2 recent news updates covering key business developments and market activities.

Core Scientific News Overview

2
Recent Articles
Active
Media Coverage
2025-05-08
Latest Update

What is Core Scientific in the news for?

Core Scientific is currently featured in news for Core Scientific invested into assets: data center in the amount of $1.2B on Feb 1st '25. and other significant business developments.

Recent News Articles About Core Scientific

Article 1
2025-05-08

Core Scientific invested into assets: data center in the amount of $1.2B on Feb 1st '25.

Core Scientific plans a $1.2 billion data center expansion to support AI computing and digital asset mining.

cointelegraph.com
Read News
Article 2
2025-03-03

Core Scientific hired Jim Nygaard as CFO on Mar 17th '25.

Core Scientific appoints Jim Nygaard as new CFO effective March 17, bringing extensive experience in investment banking.

holder.io
Read News

Core Scientific FAQ - Frequently Asked Questions About Founder, CEO, Funding & Company Details

Find answers to the most common questions about Core Scientific including information about founders, CEO, funding history, investors, headquarters location, and company details. 18 frequently asked questions covering key information about the company.

Core Scientific Questions & Answers - Company Information

Q1

What is Core Scientific?

Core Scientific is a major provider of blockchain infrastructure and digital asset mining services in North America.

Q2

Who founded Core Scientific?

Core Scientific was founded by .

Q3

Who is the CEO of Core Scientific?

The CEO of Core Scientific is Adam Sullivan. You can find more information about them on their LinkedIn profile.

Q4

How much funding has Core Scientific raised?

Core Scientific has raised a total of $$1.2 Billion across 4 funding rounds. The most recent funding was completed on 2025-01-03.

Q5

Who are the investors in Core Scientific?

Core Scientific's key investors include Celsius Network, B. Riley.

Q6

Where is Core Scientific headquartered?

Core Scientific is headquartered in Austin, Texas, United States.

Q7

When was Core Scientific founded?

Core Scientific was founded in 2017.

Q8

How many employees does Core Scientific have?

Core Scientific has 250-500 employees.

Q9

What is Core Scientific's official website?

You can visit Core Scientific's official website at http://corescientific.com.

Q10

What was Core Scientific's latest funding round?

Core Scientific's latest funding round was a Post IPO Debt round of $$550 Million completed on 2025-01-03.

Q11

Who is founder?

Adam Sullivan

Q12

What does the company do?

Core Scientific provides blockchain infrastructure and digital asset mining services.

Q13

How much funding?

$1.2 Billion

Q14

Latest funding date?

2025-01-03

Q15

Who are the investors?

Celsius Network B. Riley

Q16

What are the challenges?

Increased competition in the mining space Volatility in cryptocurrency prices Regulatory changes

Q17

What are the opportunities?

Expansion into AI and high-performance computing Growing demand for efficient energy usage in mining

Q18

Latest news?

Core Scientific plans a $1.2 billion data center expansion to support AI computing and digital asset mining. Core Scientific appoints Jim Nygaard as new CFO effective March 17, bringing extensive experience in investment banking.

More Information About Core Scientific

For additional details about Core Scientific, including the latest news, funding updates, and company developments, explore our comprehensive company database. Find information about startup funding, company valuations, executive leadership, and business intelligence data.