Crusoe Raises $3 Billion From Atreides Management And Valor Equity Partners At $30 Billion Valuation

Crusoe, the data center developer and AI infrastructure provider, has reportedly raised $3 billion at a $30 billion valuation in a round co-led by Atreides Management and Valor Equity Partners, with participation from Mubadala Capital. The raise comes just 10 months after Crusoe secured $1.38 billion at a $10 billion valuation and follows a $13 billion, five-year cloud infrastructure contract with Jane Street, as the company continues expanding beyond its origins as a crypto mining operation into hyperscale data centers and AI cloud services for customers including Meta, Microsoft and OpenAI. FOUNDERS: Chase Lochmiller & Cully Cavness INVESTORS: Atreides Management, Valor Equity Partners & Mubadala Capital AMOUNT: $3,000,000,000 VALUATION: $30,000,000,000 HQ: Denver, Colorado #VentureCapital #Crusoe #ChaseLochmiller #AtreidesManagement #TradedVC