Denver-based AI infrastructure company attracts major investors including Nvidia and Mubadala Capital in a massive Series E funding round.
In a major boost for the AI infrastructure industry, Crusoe, a leading AI data center startup, is raising an impressive $1.38 billion in fresh capital at a $10 billion valuation. The Series E funding round, described as oversubscribed, is being co-led by Valor Equity Partners and Mubadala Capital, marking one of the largest private fundraises in the AI data sector this year.
Other high-profile backers include Nvidia, Fidelity Management, and Founders Fund, underscoring strong investor confidence in Crusoe’s role at the heart of the AI compute revolution. Since its founding in 2018, the Denver-based company has now raised roughly $3.9 billion in total.
Crusoe is best known for its work in building OpenAI’s first large-scale data center in the United States — a milestone that showcased its technical capability and reliability in powering AI-driven computing infrastructure. The company’s recent milestone includes the completion of the first phase of its 1.2 gigawatt data center campus in Abilene, Texas, which went live just one year after construction began.
With this latest investment, Crusoe is expected to accelerate global expansion, strengthen its AI computing capacity, and push forward its mission to provide sustainable, high-performance cloud infrastructure for the world’s leading AI models.
As demand for AI data centers continues to surge, Crusoe’s latest funding positions it among the top players driving the next generation of AI-powered infrastructure innovation.
