Crusoe raises $3.9 billion for data centres and modular AI factories
Official brand graphic: CrusoeCrusoe raised $3.9 billion in Series F funding at a $30.9 billion valuation, TechCrunch reported on 17 September. Atreides Management, Mubadala Capital and Valor Equity Partners co-led the round. The data-centre developer plans to fund larger sites and Spark, modular AI factories manufactured at its own facilities and transported by truck. Those expansion plans are distinct from installed compute capacity.
DTT summary based on TechCrunch's report. The full article is on the publisher's site.
Round details
Crusoe develops data centres and AI computing infrastructure. Its Spark programme builds modular AI factories at its own facilities for transport to deployment sites.
- Atreides Management, Mubadala Capital and Valor Equity Partners co-led the round.
- The new round follows $1.38 billion raised the previous October; expansion plans do not establish installed compute capacity.
- Series F raised: $3.9B
- Valuation: $30.9B
- Investors: Atreides Management, Mubadala Capital, Valor Equity Partners, Founders Fund, GIC, Nvidia, Qatar Investment Authority, Radical Ventures, TPG
- Use of funds: Finance larger data-centre sites and smaller modular Spark AI factories.