Technology17 Sept 2026SEO 801 min read

Analysis: Crusoe raises $3.9B to build massive data centers and small modular “AI factori…

Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led…

Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe. Crusoe also announced three new board members , including Cloudflare CFO Thomas Seifert, Bill Stein, partner and CIO at Primary Digital Infrast…

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