AI infrastructure company Crusoe raises more than $3bn in funding

The recent funding reportedly raises the start-ups’ value to around $30bn

In October of 2025, it was reported that Crusoe, a cloud computing company and data centre developer, was believed to be valued at more than $10bn, post the closure of a Series E funding round worth $1.375bn. 

The round was co-led by technology investors Valor Equity Partners and Mubadala Capital and included participation from investors such as 137 Ventures, Salesforce Ventures, Nvidia, Winklevoss Capital and Founders Fund.

Since then Bloomberg has reported that Crusoe has raised more than $3bn in a funding round. Unnamed sources close to the announcement have stated that the latest investment brings Crusoe’s valuation to roughly $30bn.  

The round was co-led by Atreides Management and Valor Equity Partners co-led the round. Mubadala Capital, the alternative asset manager owned by Abu Dhabi sovereign wealth fund Mubadala, is also participating, according to Bloomberg’s sources. 

Established in 2018 and headquartered in Denver, Colorado, by Chase Lochmiller and Cully Cavness, Crusoe aims to accelerate the merging of energy and intelligence. The company provides energy-first solutions for AI infrastructure, by harnessing large-scale energy resources, building AI-optimised data centres and delivering an AI cloud platform.

Reportedly, Crusoe also recently signed a major $13bn contract that would see the organisation supply quantitative trading firm Jane Street with GPUs and AI infrastructure over the course of the next five years.  

The last couple of years have been formative for Crusoe, as it extends its global reach. 

In February of last year it was announced that the company is establishing a European base of operations in Dublin, Ireland and will create 100 jobs for professionals in the areas of networking, site reliability engineering, customer success and support departments, over the course of three years. 

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