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      Crusoe Energy's Logo

      Crusoe Energy - Debt Financing

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      October 23, 2023

      Financing amount

      $200M

      Valuation

      --

      Catagory

      Infrastructure

      Subcategory

      Bitcoin Mining

      About Crusoe Energy - Debt Financing

      Crusoe Announces Significant Expansion of Cloud Business with New Capacity and $200M in New Financing. To support continuous growth and additional capacity availability in the coming months, Crusoe is announcing a commitment from investment firm Upper90 for asset-backed financing for the purposes of securing additional GPUs. The most recent debt financing from Upper90 will allow Crusoe to continue rapid investment in the infrastructure needed to scale its AI cloud offering.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2018 1 --

      Founders & Team

      Chase Lochmiller's Logo

      Chase Lochmiller

      Cully Cavness's Logo

      Cully Cavness

      Company Profile / Project Introduction

      Crusoe is on a mission to align the future of computing with the future of the climate. As builders and operators of clean computing infrastructure, Crusoe reduces both the costs and the environmental impact of the world’s expanding digital economy. By unlocking stranded sources of energy to power artificial intelligence, crypto, and other high performance computing applications, Crusoe is creating the future of compute-intensive innovation that reduces emissions rather than adds to them.

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      *Fundraising Announcement: Click here