Crusoe, the rapidly rising “AI factory” company based in San Francisco and Denver, announced Friday that it’s set to hit a staggering $10 billion valuation following an oversubscribed $1.375 billion Series E funding round, marking one of the largest private raises in the AI infrastructure space this year.
The round was co-led by Valor Equity Partners and Mubadala Capital, two heavyweight investors known for backing transformative technologies. The momentum reflects Wall Street’s mounting appetite for AI energy and compute ventures capable of reshaping the digital economy.
Star-Studded Investor Lineup and Strategic Backers
Crusoe’s funding attracted a powerhouse roster of investors, blending Silicon Valley visionaries and household names. Among them: NFL star Saquon Barkley, Nvidia, Salesforce Ventures, 137 Ventures, 1789 Capital, DPR Construction, and Fidelity Management and Research Co.
According to the announcement, funds managed by Blue Owl Capital are also expected to join during a subsequent closing—further swelling Crusoe’s capital inflow and investor confidence.
The deal was guided by Cooley LLP, with partners Michael Platt, Christopher Kimball, Steve Flores, and David Peinsipp steering the legal advisory team.
