Crusoe in talks to raise ~$3B at a ~$30B valuation

AI data-centre operator Crusoe is in active talks to raise about $3 billion in a funding round that investors expect to value the company in the $30 billion range, Bloomberg reported on 2 July 2026, citing people familiar with the situation.

Roughly a 3x step-up. The mooted $30 billion mark would nearly triple the valuation set by Crusoe's Series E in October 2025, when it raised $1.375 billion at more than $10 billion, co-led by Valor Equity Partners and Mubadala Capital.

Still tentative. The company remains in active talks and a final valuation has not been set, according to the report. Investors expect the figure to land in the $30 billion range, inclusive of the new investment.

Read more: Bloomberg · Reuters / CNA