Crusoe Announces $1.375 Billion Oversubscribed Series E
Colorado – October 24, 2025 – Cooley advised Crusoe, an artificial intelligence factory company, on its $1.375 billion Series E round, bringing the company’s expected valuation to more than $10 billion. The oversubscribed round was co-led by technology investors Valor Equity Partners and Mubadala Capital, with participation from 137 Ventures, 1789 Capital, Activate Capital, Altimeter Capital, Atreides Management, BAM Elevate, DPR Construction, Ora Global, Fidelity Management & Research Company, Founders Fund, Franklin Templeton, Galvanize, Long Journey Ventures, Lowercarbon Capital, M37 Management, MCJ, NVIDIA, Radical Ventures, Ribbit Capital, Salesforce Ventures, Saquon Barkley, Spark Capital, StepStone Group, Supermicro, T. Rowe Price, Tiger Global Management, Upper90, Winklevoss Capital and Zigg Capital.
Lawyers Michael Platt, Kelly Bartling, Jared Daraie, Lanny Holstein, Christopher Kimball, Sharon Connaughton, Francis Wheeler, Steve Flores and David Peinsipp led the Cooley team advising Crusoe.
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