Crusoe holds the initial closing of an anticipated $3.9B Series F at a $30.9B post-money valuation

The parties

• Crusoecompany pageTook the investment
• Atreides ManagementInvestor
• Mubadala CapitalInvestor
• Valor Equity PartnersInvestor
• NVIDIAcompany pageInvestor

The source

Crusoe press release, 2026-09-17Company press release

Co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, with Founders Fund, GIC, NVIDIA, Qatar Investment Authority, Radical Ventures and TPG among new and existing investors. Crusoe states over $140B in total contracted value across its platform. Proceeds are to scale existing programs and build its own AI factories, from large campuses to modular Crusoe Spark units, and Crusoe Cloud.

The same parties, other deals

• NVIDIA agrees to buy $1.0B of Nscale convertible notes or non-voting shares within a $3.1B minimum subscription$1B · 18 Sept 2026
• Perplexity signs a multi-year agreement to train and serve its models on Crusoe Cloud GB300 NVL72 clustersundisclosed · 15 Sept 2026
• Nvidia gives SB Energy residual value guaranties, capped at $105B, on ~4.25 GW of Ohio data center leases to OpenAI$105B · 17 Aug 2026
• Nvidia signs a $3.4B, five-year AI cloud contract with IREN for air-cooled Blackwell GPUs at Childress$3.4B · 7 May 2026
• Nvidia invests ~$2B in Nebius via a pre-funded warrant for 21,065,936 shares; Nebius targets >5 GW of Nvidia systems by 2030$2B · 11 Mar 2026
• Nvidia buys $2B of CoreWeave Class A stock at $87.20 per share; companies sign a 5 GW buildout framework$2B · 26 Jan 2026