Crusoe has secured a $225 million credit facility led by Upper90 to support its AI infrastructure expansion. This funding will primarily be used for purchasing NVIDIA GPUs and enhancing Crusoe Cloud's capabilities.
Crusoe has secured a $225 million credit facility led by Upper90 to support its AI infrastructure expansion. This funding will primarily be used for purchasing NVIDIA GPUs and enhancing Crusoe Cloud's capabilities.
03/29/25, 5:10 AM
Location
denverMoney raised
$225 million
Industry
information technology
Investors
Orix Usa, Liberty Mutual Investments, King Street Capital Management, Fs Investments, British Columbia Investment Management Corporation, Upper90 Capital Management
Upper90 Capital Management announced the closing of a $225 million credit facility for Crusoe, aimed at expanding its AI infrastructure. The investment will support Crusoe Cloud, a platform for enterprise AI workloads. Led by Upper90, the financing includes participation from several institutional partners. This funding will be used exclusively for acquiring NVIDIA GPUs and supporting infrastructure.
Company Info
Location
denver, colorado, united states
Additional Info
Crusoe is the industry’s first vertically integrated, purpose-built AI cloud platform. The company is redefining AI cloud infrastructure and its platform is recognized as the "gold standard" among builders for its reliability and performance in developing, training, and deploying AI models. Powered by clean, renewable energy, Crusoe aligns the future of computing with the future of the climate. Leading Fortune 500 companies trust Crusoe’s advanced, AI-optimized cloud to support their most demanding AI applications.