Business
Crusoe, the AI Factory Company, Raising $1.375 Billion at a Valuation Above $10 Billion to Power the Future of AI Infrastructure
Mubadala Capital and Valor Equity Partners co-lead funding to scale Crusoe’s vertically integrated AI infrastructure platformSAN FRANCISCO and DENVER, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Crusoe, the AI factory company, today announced the initial closing of its anticipated $1.375 billion Series E round, bringing the company's expected valuation to over $10 billion. The oversubscribed round was co-led by technology investors Valor Equity Partners and Mubadala Capital, with participation from 137 Ve
About this update from Stepstone Group Inc.
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