Crusoe reportedly raises $3B at a $30B valuation
In Brief Posted: 5:48 PM PDT · September 3, 2026 Image Credits:Gerville / Getty Images Marina Temkin Crusoe reportedly raises $3B at a $30B valuation Data center developer Crusoe, which counts Meta, Microsoft, and OpenAI as its customers, has raised a new $3 billion round at a $30 billion…
In Brief Posted: 5:48 PM PDT · September 3, 2026 Image Credits:Gerville / Getty Images Marina Temkin Crusoe reportedly raises $3B at a $30B valuation Data center developer Crusoe, which counts Meta, Microsoft, and OpenAI as its customers, has raised a new $3 billion round at a $30 billion valuation, Bloomberg reported. The deal is being co-led by Atreides Management and Valor Equity Partners, and includes participation from Mubadala Capital, the asset management subsidiary of Abu Dhabi’s sovereign wealth fund Mubadala. The company recently signed a massive $13 billion, five-year cloud contract to supply quantitative trading firm Jane Street with GPUs and AI infrastructure, Bloomberg reported. The fresh fundraise comes 10 months after Crusoe raised a $1.38 billion round at a $10 billion valuation last October. Launched in 2018 as a crypto mining operation powered by flared natural gas, Crusoe has since pivoted into a major AI infrastructure and cloud provider that is best known for developing hyperscale data center campuses for clients like Oracle and OpenAI. The company recently met with investment bankers, including Goldman Sachs and Morgan Stanley, to discuss a potential near-term IPO, Axios reported last month. Topics AI, crusoe, data centers, In Brief, Venture October 13 – 15 San Francisco Don’t miss out. The startup community will gather to answer a pivotal question: How do you build sustainably in the AI era? REGISTER NOW Newsletters See More Subscribe for the industry’s biggest tech news Related Startups Palo Alto Networks paid $500M for Thrive-backed Console, sources say Marina Temkin 1 day ago Transportation Boom Supersonic raises $300M to build natural gas turbines for Crusoe data centers Tim De Chant Dec 9, 2025 Fundraising Crusoe, a rumored OpenAI data center supplier, has secured $686M in new funds, filing shows Kyle Wiggers Nov 21, 2024 Latest in Venture In Brief Crusoe reportedly raises $3B at a $30B valuation Marina Temkin 4 hours ago TechCrunch Disrupt 2026 Last 2 days to apply to host a Side Event at TechCrunch Disrupt 2026 TechCrunch Events 12 hours ago In Brief AfterQuery reportedly becomes Y Combinator’s fastest-ever unicorn, now valued at $3.2B Julie Bort 2 days agoSource: TechCrunch — Published — Category: Business