Crusoe
Founded Year
2018Stage
Series D | AliveTotal Raised
$1.56BValuation
$0000Last Raised
$500M | 9 days agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+5 points in the past 30 days
About Crusoe
Crusoe is a company that provides AI cloud computing services in the tech industry. Its offerings include infrastructure for AI exploration, large-scale model training, and scalable AI inference. Crusoe Cloud is available for developers and enterprises looking for AI computing resources. It was founded in 2018 and is based in Denver, Colorado.
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ESPs containing Crusoe
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The cloud graphics processing unit (GPU) market offers compelling reasons for customer interest by providing powerful computational resources for graphics-intensive and parallel processing workloads. This market focuses on delivering GPU capabilities through cloud-based platforms, enabling users to leverage high-performance computing without the need for on-premises infrastructure. By investing in…
Crusoe named as Challenger among 15 other companies, including Advanced Micro Devices, NVIDIA, and IBM.
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Research containing Crusoe
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Crusoe in 4 CB Insights research briefs, most recently on Sep 12, 2022.
Expert Collections containing Crusoe
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Crusoe is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
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Blockchain
8,276 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Oil & Gas Tech
4,980 items
Companies in the Oil & Gas Tech space, including those focused on improving operations across upstream, midstream, and downstream sectors, as well as those working on sustainable fuels.
Artificial Intelligence
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Crusoe Patents
Crusoe has filed 9 patents.
The 3 most popular patent topics include:
- alternative currencies
- cryptocurrencies
- drilling technology
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/3/2023 | 9/17/2024 | Cryptocurrencies, Alternative currencies, Natural gas, Chemical processes, Oil refining | Grant |
Application Date | 10/3/2023 |
|---|---|
Grant Date | 9/17/2024 |
Title | |
Related Topics | Cryptocurrencies, Alternative currencies, Natural gas, Chemical processes, Oil refining |
Status | Grant |
Latest Crusoe News
Oct 30, 2024
Peter Thiel's Founders Fund Leads $500M Fundraise In Waste Gas-Powered AI Cloud Start-Up October 29, 2024 10:43 PM | 2 min read | 1 Comment Crusoe Energy, a data center startup, has secured a $500 million equity investment led by Peter Thiel‘s Founders Fund to expand its artificial intelligence infrastructure. What Happened: The investment round values Crusoe at approximately $3 billion, more than double its valuation two years ago, reported the Financial Times on Tuesday, citing people with knowledge of the deal. The company, founded by Chase Lochmiller and Cully Cavness in 2018, is among the fast-growing “neocloud” industry that provides outsourced cloud computing for other tech companies to build AI. The neocloud industry has been attracting significant financial backing from Silicon Valley and Wall Street investors to fund the acquisition of NVIDIA Corp‘s NVDA powerful AI chips. Crusoe’s investment round coincides with its recent $3.4 billion deal with Blue Owl Capital to finance the construction of a new data center in Texas, which will be leased to Oracle Corp ORCL. Crusoe Energy supports sustainability by using waste natural gas from oilfields to power its data centers, helping to cut greenhouse gas emissions while fueling AI and cloud computing. Crusoe Energy did not immediately respond to Benzinga 's request for comment. Why It Matters: Thiel, a prominent figure in the tech and investment world, has been actively involved in the cryptocurrency and AI sectors. His Founders Fund has made significant investments in these areas, including a $200 million investment in Bitcoin BTC/USD and Ethereum ETH/USD in 2023. Thiel has also been vocal about his skepticism regarding Bitcoin’s future growth, expressing doubts about significant price growth and expressing regret for not purchasing more of the cryptocurrency. Despite this, his Founders Fund has continued to make bold moves in the crypto market, signifying a renewed interest in token investments among institutional investors. Read Next:
Crusoe Frequently Asked Questions (FAQ)
When was Crusoe founded?
Crusoe was founded in 2018.
Where is Crusoe's headquarters?
Crusoe's headquarters is located at 255 Fillmore Street, Denver.
What is Crusoe's latest funding round?
Crusoe's latest funding round is Series D.
How much did Crusoe raise?
Crusoe raised a total of $1.56B.
Who are the investors of Crusoe?
Investors of Crusoe include Founders Fund, Felicis, Upper90, Oman Investment Authority, Winklevoss Capital and 29 more.
Who are Crusoe's competitors?
Competitors of Crusoe include EdgeCore Digital Infrastructure and 7 more.
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Compare Crusoe to Competitors
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