Crusoe Secures $600M in Series D Funding at $2.8 Billion Valuation
Crusoe focuses on leveraging clean, abundant, and low-cost energy to power its computing resources, with over 15 gigawatts in development.
Company Name: Crusoe
Location: San Francisco, CA
Industry: AI Infrastructure
Funding Details:
- Amount: $600M (Series D)
- Valuation: $2.8 Billion
- Investors: Led by Founders Fund, with participation from Fidelity, Long Journey Ventures, Mubadala, NVIDIA, Ribbit Capital, and Valor Equity Partners
Purpose of Investment:
The funds will be used to expand Crusoe’s AI-optimized data centers, scale its Crusoe Cloud platform, and accelerate growth across its vertically integrated value chain.
Leadership:
- CEO: Chase Lochmiller
Product:
Crusoe provides a vertically integrated AI infrastructure platform powered by clean energy and optimized data centers. Its flagship product, Crusoe Cloud, offers developers and data scientists cloud-based tools and services for AI exploration, model training, fine-tuning, and scalable inference workloads.
About the Company:
Crusoe focuses on leveraging clean, abundant, and low-cost energy to power its computing resources, with over 15 gigawatts in development. Its latest data center in Abilene, Texas, features over 1.2 gigawatts of planned capacity, supporting job creation and community development while expanding into new global markets. Crusoe’s innovative AI infrastructure platform positions it as a key player in sustainable, AI-driven cloud solutions.
