Startup profile · funding coverage
Crusoe funding, valuation and investors
AI data-center developer and neocloud providing GPU infrastructure for hyperscalers, labs, and trading firms.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series F
$3.9B · September 2026
Latest known valuation
$30.9B
Series F · September 2026
Total disclosed equity funding
$5.3B
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
growth · Denver, USA
Investors in latest funding
Lead: Atreides Management , Mubadala Capital , Valor Equity Partners
Other: Founders Fund , NVIDIA , Ribbit Capital , GIC , Qatar Investment Authority , TPG
Overview
Crusoe builds and operates hyperscale AI data-center campuses, modular Spark AI factories, and Crusoe Cloud. Founded in 2018 around flare-gas crypto mining, it pivoted into AI infrastructure serving customers cited in press including Meta, Microsoft, OpenAI, and Oracle. On September 17, 2026 Crusoe announced the initial close of a $3.9 billion Series F at a $30.9 billion post-money valuation, co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with Founders Fund, NVIDIA, GIC, QIA, Radical Ventures, TPG, Ribbit Capital, and others participating. Earlier September 3 Bloomberg reports of ~$3B at ~$30B were superseded by the company close. Bloomberg separately reported a ~$13 billion five-year Jane Street cloud contract.
Why Crusoe is interesting
September 17, 2026 company confirmation locked a $3.9B Series F at $30.9B post-money — roughly 3× the October 2025 ~$10B mark — with $140B+ TCV and 6 GW+ contracted capacity claimed.
Product & use cases
Vertically integrated AI infrastructure from energy to tokens: campuses, modular Spark factories, and Crusoe Cloud (IaaS, fine-tuning, managed inference).
- Frontier lab and hyperscaler AI campus builds
- Trading-firm AI/GPU cloud contracts
- Modular data-center capacity at power sites
- Managed inference with company-claimed latency/throughput advantages
Key facts
- Series F (Sep 17, 2026): $3.9B at $30.9B post-money — company-disclosed
- Company claims: >$140B TCV; 6 GW+ contracted (1 GW operational); Managed Inference >$100M contracted ARR
- Prior: $1.38B at ~$10B (Oct 2025); Sep 3 ~$3B/~$30B was reported, then confirmed/refined
- Bloomberg-reported ~$13B / 5-year Jane Street GPU cloud contract
Funding history (newest first)
Series F
2026-09 $3.9B Valuation: $30.9B- Atreides Management (lead)
- Mubadala Capital (lead)
- Valor Equity Partners (lead)
- Founders Fund (participant)
- NVIDIA (participant)
- Ribbit Capital (participant)
- GIC (participant)
- Qatar Investment Authority (participant)
- TPG (participant)
Growth
2025-10 $1.38B Valuation: ~$10BMarket / IPO context
Editorial / static context — not a live quote.
Related funding articles
Venture Capital Tracker pieces that cover Crusoe's financing or category context.
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