• Crusoe secures USD 1.375B in Series E funding, co-led by UAE’s Mubadala Capital and Valor Equity Partners.
• The raise pushes Crusoe’s valuation beyond USD 10B, accelerating its expansion of vertically integrated AI infrastructure and data centers.
• Crusoe’s “AI factory” model unites energy sourcing, data center construction, and cloud services to deliver scalable, efficient AI compute solutions.

Crusoe

US-based AI infrastructure firm, Crusoe, raised USD 1.375 billion in its series E funding round. The round was co-led by UAE’s Mubadala Capital and Valor Equity Partners. It also saw participation from 37 Ventures, 1789 Capital, Activate Capital, Altimeter Capital, Atreides Management, BAM Elevate,and  many more major investors. 

With the funding, it aims to expand its vertically integrated approach to delivering AI factories in a fast and efficient manner for its customers. 

“Today’s Series E enables Crusoe to rapidly expand our vertically integrated approach to delivering AI factories at the speed and scale needed to meet the ambitions of our customers. Crusoe is uniquely positioned to deliver both the physical infrastructure needed for an AI factory, including power and data centers, as well as the high performance software required to operate an AI factory and produce intelligence efficiently at scale through Crusoe Cloud,” said Chase Lochmiller, CEO and co-founder of Crusoe.

AI Factory

Founded in 2018, Crusoe is an AI infrastructure firm that gave itself the title ‘AI factory.’ Its vertically integrated model that spans across rapid energy sourcing, AI-optimized data center design and construction, and a high-performance AI cloud platform. This model enables the company to build gigawatt-scale AI data center campuses. It aims to do so, faster and more cost-effectively than traditional, fragmented infrastructure methods.

Crusoe’s AI cloud platform, Crusoe Cloud,  seeks to empower AI builders to focus on innovating rather than managing complex infrastructure. Moreover, it aims to simplify operations and accelerate time-to-value, helping customers build their AI solutions faster.