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