Startups
4NEW is the world’s first eco-friendly, tangible, waste to energy power plant entirely integrated on the blockchain network and dedicated to crypto-mining.
We collect the waste, process it through a high pressured combustion chamber generating free energy and organic byproducts.
We apply this free energy to an onsite crypto-mining farm resolving the achilles heel of cryptocurrencies; voracious energy consumption met with free energy production.
We collect the waste, process it through a high pressured combustion chamber generating free energy and organic byproducts.
We apply this free energy to an onsite crypto-mining farm resolving the achilles heel of cryptocurrencies; voracious energy consumption met with free energy production.
Overview
Location
United Kingdom, England, London
Total raised
$30.5M
Founded date
2017
Funding Rounds 1
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Mentions in press and media 2
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| Dec 5, 2017 | 4New Secures $30.5M in Funding | 4New, a London, UK-based company operating Waste to Energy treatment plants, secured $30.5m in funding. Backers included Mirach Capital Group, a US based private equity fund, among others. 4NEW is also running an Initial Coin Offering (FRNC... |