Crusoe

Crusoe is a Data Center Energy company founded in 2018 and based in Denver, USA. It has raised $2.5B in total funding, most recently a Series E in 2025 at a $10B valuation.

Crusoe converts stranded and flared natural gas into electricity for data centers and high-performance computing. $700M+ raised; pivoted from Bitcoin mining to AI compute infrastructure; operates modular data centers at oil and gas sites.

Pioneering energy-adjacent compute by monetizing waste methane and collocating AI training at energy sources.

crusoeenergy.com Data Center EnergyUSAprivate

At a glance

Total raised

$2.5B

last round series e

Headcount

501-1k

approximate · public range

Headquarters

Denver

USA

Founded

2018

8 years active

Status

Private

Data Center Energy

Latest valuation

$10B

Series E · 2025

Funding history

Total raised

$2.5B

Rounds tracked

Latest stage

Series E

Latest valuation

$10B

Date	Stage	Amount	Valuation	Lead investors
Oct 24, 2025	Series E	$1.4B	$10B	Valor Equity Partners, Mubadala Capital
Dec 16, 2024	Series D	$600M

Crusoe

At a glance

Funding history

In the news

ON.Energy and Crusoe partner on UPS technology for US data centres, Skeleton Tech in 800 VDC partnership with DG Matrix

Data centers want to build their own gas turbines. Would that skirt state renewable energy laws?

Big Tech data centers are driving up power bills at America's Rust Belt factories

Watch

Leadership

Products

Crusoe Cloud (GPU IaaS)

Crusoe Spark Modular Data Centers

Power Peninsula Energy Platform

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