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Crusoe

Data CentersAI InfrastructureData CentersNeocloud
๐Ÿ“ San Francisco, California, USAโ€ข Founded 2018
StreetZero Signal 71
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About Crusoe

Crusoe is the AI factory company on a mission to accelerate the abundance of energy and intelligence. It provides reliable, scalable, cost-effective, and environmentally friendly AI infrastructure by harnessing large-scale clean energy, building AI-optimized data centers, and delivering an AI cloud platform. Founded in 2018 initially as a cryptocurrency business, Crusoe has shifted focus to vertically integrated AI infrastructure and neocloud offerings. The company is based in San Francisco and has established itself as a leader in powering the AI industrial revolution.

LATEST FUNDINGVenture Round
$3.0B
Announced 2026-09-04
TOTAL RAISED$5.2 billion
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EMPLOYEESโ€”
FOUNDED2018
HQSan Francisco, California, USA
Industry
Data Centers
Tags
AI InfrastructureData CentersNeocloudSeries D

Key highlights

  • Closed $600M Series D at $2.8B valuation led by Founders Fund with Nvidia and Fidelity participation.
  • Raised $1.375B Series E at >$10B valuation co-led by Mubadala Capital and Valor Equity Partners.
  • Eyeing additional $3B round at ~$30B valuation to expand gigawatt-scale AI factories.
  • Originally founded as crypto firm in 2018, pivoted to clean-energy-powered AI data centers and cloud.
  • Entered $15B joint venture with Blue Owl Capital for AI data center in Abilene, Texas.

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