Company

Crusoe

Data center and cloud computing company that co-locates compute infrastructure with energy sources including stranded natural gas and other power generation

Energy

People

Chase Lochmillerco-founder and ceo, co-founder, founder, ceo

Funding History

Oct 24, 2025Series E

Crusoe closed its Series E funding round at a $10.4B valuation.

Crusoe is reportedly in talks to raise a new funding round at a $10B valuation, per Bloomberg reporting.

Sep 17, 2026Series F

Crusoe closed its Series F, co-led by Atreides Management, Valor Equity Partners, and Mubadala, with participation from TPG, QIA, Founders Fund, Radical Ventures, and GIC. The Abilene, Texas campus is scaling from 2 to 8 buildings, quadrupling compute capacity.

Investors

PEAK6 Long Journey Ventures Founders Fund TPG GIC Bain Capital Atreides Management Valor Equity Partners Radical Ventures BankCap Crypto JPMorgan Blue Owl Capital

News

Interviews (5)

Chase Lochmiller reveals Crusoe Series F co-led by Atreides, Valor, and Mubadala as Abilene campus buildings 3–8 come online

Crusoe CEO Chase Lochmiller on AI infrastructure bottlenecks, blue-collar workforce, and the ratepayer protection pledge

Crusoe closes Series E at $10.4B valuation, announces 45GW energy pipeline and operational Abilene AI factory

Crusoe acquires stealth AI inference startup Atapar to dominate GPU memory optimization

Crusoe Energy secures $15B financing for 1.2 GW Abilene data center campus in partnership with Blue Owl

News (3)

Crusoe reportedly raising at $10B valuation as Neo Cloud market reaches strategic turning point

Inside Stargate: Bloomberg gets exclusive access to OpenAI's $500B Abilene, Texas datacenter build

Nvidia launches GPU cloud marketplace, announces AI campuses in Taiwan, France, and Middle East