Crusoe, a prominent data center operator, has raised $3.9 billion in its Series F funding round, leading to a valuation of $30.9 billion. The funding was spearheaded by Atreides Management, Mubadala Capital, and Valor Equity Partners, with notable contributions from Nvidia, Founders Fund, GIC, and the Qatar Investment Authority.
The capital will primarily be directed towards developing expansive AI campuses and the innovative Crusoe Spark modular data centers. These modular facilities are prefabricated off-site, allowing for rapid deployment on location within weeks, greatly streamlining the construction process relative to traditional builds.
Currently, Crusoe has more than 6 gigawatts of capacity under contract, with over 1 gigawatt already in operation.
