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GeorgeSmith
GeorgeSmith
September 18, 2026

Crusoe secures $3 billion in new funding, boosting its valuation to $30 billion. Led by Atreides Management and Valor Equity Partners, the round includes Mubadala Capital. The company, serving Meta, Microsoft, and OpenAI, also signed a $1.3 billion five-year cloud service deal with Jane Street. This follows a $1.38 billion raise in October 2025. Originally focused on crypto mining, Crusoe now provides AI infrastructure. Reports indicate the firm is exploring an IPO with Goldman Sachs and Morgan Stanley.

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