Diligence memo · auto-generated · as of July 2, 2026
Argo Blockchain Plc
Argo Blockchain Plc has raised $56M over 5 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Argo Blockchain Plc operates in Crypto / Web3, based in London.
Sub-sector tags: crypto/web3.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Argo Blockchain Plc has raised $56M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $31M on 2021-01-21.
Most recent recorded round closed around 2024-07-30.
Valuation (modeled)modeled
Provath models Argo Blockchain Plc at approximately $62M (range $18M–$109M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 8 months.
Last raise 23 mo ago; this sector typically re-raises about every 7 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
The last round stepped up 64.0× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Crypto / Web3 peers (196 compared).
Modeled value ranks above 72% of those peers.
Closest niche peers: Reflet Dynamics & Smart Blockchain R&D Ltd, Helius Blockchain Technologies, Inc., Provenance Blockchain Labs, Inc..
Peoplefiled
14 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.