Crusoe raises $600M Series D led by Founders Fund

Crusoe

Crusoe closed a $600 million Series D at a $2.8 billion valuation, led by Founders Fund with NVIDIA, Fidelity, Mubadala, Ribbit, Valor and Long Journey. The capital funds data-center construction and Crusoe Cloud AI services, including the Abilene, Texas campus with over 1.2 GW planned capacity.

• $600M Series D at $2.8B valuation led by Founders Fund; investors include NVIDIA, Fidelity, Mubadala, Ribbit Capital, Valor Equity and Long Journey Ventures.
• Abilene, Texas campus planned for 1.2+ GW capacity as one of the world's largest AI computing clusters, projecting $1B economic impact and 800+ jobs.
• Capital funds vertically integrated data center expansion and Crusoe Cloud platform for AI and machine learning services.