started · updated
Crusoe raises $3.9 billion for AI infrastructure at $30.9 billion valuation
Denver-based AI infrastructure provider Crusoe has announced the initial close of a $3.9 billion Series F funding round, bringing the company's post-money valuation to approximately $30.9 billion. The round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with significant participation from Nvidia, Founders Fund, GIC, and Qatar Investment Authority.
Crusoe is shifting its strategic focus toward modular infrastructure to address the growing demand for AI inference. The company plans to utilize the capital to expand its vertically integrated business and deploy its 'Spark' modular data center units. These prefabricated systems integrate power, cooling, and high-density GPU racks, allowing for faster deployment compared to traditional large-scale campuses.
As of the announcement, Crusoe reports over $140 billion in total contracted value and more than 6 GW of gross contracted capacity, with approximately 1 GW already operational. The company's model spans the entire value chain, from power generation and data center development to cloud computing services.
Entities
Apple · Atreides Management · Crusoe · Founders Fund · Mubadala Capital · Nike · Nvidia · Qatar Investment Authority · Shark · TPG · Valor Equity Partners · iPhone 18 Pro
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] Approximately 1 GW of the company's capacity is currently operational. hedgeco.net · www.channelinsider.com · www.eenewseurope.com
- [● 3 SOURCES] The company has more than 6 GW of gross contracted capacity across its data center and cloud businesses. hedgeco.net · www.channelinsider.com · www.eenewseurope.com
- [● 2 SOURCES] The company reports more than $140 billion in total contracted value. hedgeco.net · www.channelinsider.com
- [● 3 SOURCES] Nvidia participated as an investor in the funding round. hedgeco.net · beststartup.us · www.channelinsider.com
- [● 4 SOURCES] Atreides Management, Mubadala Capital, and Valor Equity Partners co-led the financing round. hedgeco.net · beststartup.us · www.channelinsider.com · capacityglobal.com
- [● 2 SOURCES] Crusoe is transitioning toward modular Spark units to support AI inference workloads. capacityglobal.com · www.eenewseurope.com
- [● 5 SOURCES] Crusoe announced the initial close of a $3.9 billion Series F funding round. hedgeco.net · beststartup.us · www.channelinsider.com · capacityglobal.com · www.eenewseurope.com
- [● 5 SOURCES] The funding round established a post-money valuation of approximately $30.9 billion. hedgeco.net · beststartup.us · www.channelinsider.com · capacityglobal.com · www.eenewseurope.com