Crusoe

Crusoe is a AI Infrastructure startup based in Denver, CO, United States that has raised $2.6B in venture capital across 6 funding rounds since 2018. The company reached Series E stage in May 2019 with a $4.5M round led by Bain Capital Ventures. Crusoe's investor base includes 10 institutional funds, with Valor Equity Partners leading the most recent equity round.

Crusoe is the industry's first vertically integrated AI factory company, managing the entire value chain from energy sourcing, land, and power infrastructure through data centre design and construction — via its domestic manufacturing division Crusoe Industries — to the Crusoe Cloud GPU platform. The company pioneered an energy-first approach, originally converting stranded and flared natural gas into electricity for compute via its patented Digital Flare Mitigation technology, and has since expanded to natural gas, renewables, batteries, and grid interconnect at hyperscale. As of mid-2026, Crusoe has contracted nearly 5 GW of AI infrastructure capacity across US campuses, with flagship builds in Abilene, Texas for Oracle (1.2 GW) and Microsoft (900 MW), and key cloud customers including Meta, Oracle, Microsoft, and Google. The company has a development pipeline exceeding 40 GW and more than 1,300 employees. In October 2025, Crusoe closed a $1.375 billion Series E co-led by Valor Equity Partners and Mubadala Capital at a $10 billion+ valuation, bringing total confirmed funding to approximately $2.65 billion. As of July 2026, Crusoe is reportedly in discussions to raise approximately $3 billion in a Series F at a $30 billion valuation.

Lead investors

Co-investors

• FundingAI Data Center Builder Crusoe Reportedly Raising $3B at $30B ValuationJuly 2026