Crusoe, a firm specializing in data centers and AI infrastructure, has announced a significant $3 billion funding round, propelling its valuation to $30 billion, as reported by Bloomberg. The investment was spearheaded by Atreides Management and Valor Equity Partners, with additional backing from Mubadala Capital.
Prominent clients such as Meta, Microsoft, and OpenAI utilize Crusoe's services. The company had previously reached a valuation of $10 billion in October 2025 after securing $1.38 billion in an earlier funding round. Initially, Crusoe began as a Bitcoin mining operation leveraging energy from associated gas, but it has since pivoted towards providing data centers and cloud infrastructure specifically designed for AI applications.
