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Crusoe Funding Rounds & Valuation History (2022–2026)

Private Valuation & Funding Round Tracker · Crusoe

Crusoe funding rounds & valuation history

Crusoe, the Denver AI-infrastructure company that builds and runs energy-first AI data centers (including the Abilene, Texas campus) and the Crusoe Cloud. Funding from the Series C (Apr 2022) to the Series F (initial closing), sourced to Crusoe, TechCrunch and Crunchbase News.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
$30.9B
$3.9B (anticipated) Series F (initial closing)
Raised in rounds listed
$6.225B
Sum of 4 closed rounds with a disclosed amount (GNF calc.)
Largest round
$3.9B (anticipated)
Series F (initial closing)
Closed rounds listed
4
Apr 2022 to Sep 2026

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Crusoe funding rounds, Apr 2022 to Sep 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series F (initial closing)Crusoe announced an initial closing of an anticipated $3.9B round; the amount in the initial closing was not split out. Summed at the $3.9B round size. Founders Fund, GIC, NVIDIA, QIA, Radical Ventures and TPG also invested.
$3.9B (anticipated)
Atreides Management, Mubadala CapitalWith: Valor Equity Partners
$30.9BPost-money, stated by Crusoe
—Not disclosedNo run-rate stated in the announcement
Crusoe, 17 Sep 2026Also: TechCrunch, 17 Sep 2026
Closed round
Series E
$1.375B
Valor Equity PartnersWith: Mubadala Capital
Over $10BLower bound, stated by Crusoe (“a valuation above $10 billion”)
—Not disclosedNo run-rate stated in the announcement
Crusoe, 24 Oct 2025
Closed round
Series D
$600M
Founders Fund
$2.8BStated by Crusoe
—Not disclosedNo run-rate stated in the announcement
Crusoe, 12 Dec 2024
Closed round
Series CCrusoe’s $505M headline included up to $155M of credit facilities; only the $350M of equity is shown.
$350M
G2 Venture Partners
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Crusoe, 21 Apr 2022Also: Crunchbase News, 21 Apr 2022
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations stated by Crusoe at each closed round with a figure; the Series E value is a lower bound (“above $10 billion”).

Sources: Crusoe, TechCrunch, Crunchbase News. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 21 Apr 2022 · Closed

    Series C: $350M led by G2 Venture Partners.

  2. 12 Dec 2024 · Closed

    Series D: $600M at $2.8B led by Founders Fund.

  3. 24 Oct 2025 · Closed

    Series E: $1.375B at Over $10B led by Valor Equity Partners.

  4. 17 Sep 2026 · Closed

    Series F (initial closing): $3.9B (anticipated) at $30.9B led by Atreides Management, Mubadala Capital.

Still private: Crusoe has not filed for an IPO, no IPO is priced, and it has not been acquired. NVIDIA, Mubadala and QIA are minority investors.

Cite this dataset

Free to quote with a link back. Copy this citation:

Crusoe Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/crusoe/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
crusoe-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/crusoe-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed to Series B (2018–2021), debt and project financing (including the 2022 credit facilities and data-center project debt), and secondary sales.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Crusoe: Crusoe Raises $3.9 Billion Series F for its Vertically-Integrated AI Infrastructure Platform, 17 Sep 2026
  2. TechCrunch: Crusoe raises $3.9B to build massive data centers and small modular ‘AI factories’, 17 Sep 2026
  3. Crusoe: Crusoe raises $1.375B at $10B valuation to power AI, 24 Oct 2025
  4. Crusoe: Crusoe closes $600M Series D at $2.8B valuation, 12 Dec 2024
  5. Crusoe: Crusoe Technologies closes $505 million in new capital led by G2 Venture Partners, 21 Apr 2022
  6. Crunchbase News: Crusoe Caps $505M Raise For Bitcoin Mining, 21 Apr 2022