Crusoe, an infrastructure company dedicated to enabling eco-friendly AI innovation, announced a Series D funding round valued at $600 million. The company, now valued at $2.8 billion, works to provide a cost-effective and reliable AI infrastructure solution by leveraging clean energy at scale, building AI-optimized data centers and offering a development platform.
Founders Fund led the raise that will allow Crusoe to fuel expansion and growth across its value chain, including its data centers and its Crusoe Cloud offering. The cloud platform is a high-performing solution designed to support AI and machine learning workloads for developers and data scientists.
The raise follows a period of substantial growth for Crusoe. The company expanded its customer base by 7x over the last 12 months. It has also expanded its footprint across three countries and nine U.S. states, including its newest data center in Abilene, Texas. This facility is projected to bring $1 billion to the local economy over the next two decades while creating over 800 local jobs.
