Crusoe Energy Overview: Introduction, Team, Fundraising and News

Crusoe Energy

Green energy company

Overview

Details

Crusoe Energy is a Bitcoin mining company that uses wasted natural gas as an energy source. By unlocking stranded sources of energy to power crypto, cloud, and data centers, Crusoe Energy is creating a future for compute-intensive innovation that reduces emissions instead of increasing them.

Tags: Mining industry

Founded: 2019

Team

Chase Lochmiller

Cofounder, CEO

Cully Cavness

Co-Founder, President and COO

Patrick McGregor

CPO

Nadav Eiron

SVP Cloud Engineering

Fundraising

Coinbase Ventures

Polychain

Dragonfly

CMT Digital

Castle Island

Valor Equity Partners

Founders fund

Winklevoss Capital

DRW Venture Capital

Felicis Ventures

Wicklow Capital

Bain Capital Ventures

G2 Venture Partners (G2VP)

Atreides Management

Engine No. 1

Exor Seeds

Round	Amount	Valuation	Date	Investors
Series C	$ 350 M	--	Apr 21, 2022	G2 Venture Partners (G2VP)*, CMT Digital, Castle Island, Polychain, Bain Capital Ventures, Founders fund, Winklevoss Capital, Valor Equity Partners, DRW Venture Capital, Felicis Ventures, Lowercarbon Capital, MCJ Collective, Zigg Capital, Atreides Management, Exor Seeds, Upper90, Inclusive Capital Partners, Engine No. 1, Tao Capital, Mitsui & Co, FootPrint Coalition Ventures
Debt Financing	$ 155 M	--	Apr 21, 2022	SVB Capital, Sparkfund, Generate Capital
Series B	$ 128 M	--	Apr 26, 2021	Valor Equity Partners*, Coinbase Ventures, Polychain, Founders fund, Bain Capital Ventures, Winklevoss Capital, DRW Venture Capital, Lowercarbon Capital, KCK Group, Upper90, Exor, Zigg Capital, JB Straubel
Seed	$ 4.5 M	--	May 03, 2019	Bain Capital Ventures, Founders fund, Dragonfly, Winklevoss Capital, Wicklow Capital

Investments

Unblock Global

Bitcoin mining company

Total 1 Page

Name	Round	Amount	Valuation	Date
Unblock Global	--	$ 15 M	--	Dec 15, 2023

The Archives Including

54 Projects, Updated Apr 11

MIT Alumni Founded Crypto Projects

Significant Events

2022-04-21

Crusoe Energy raised $ 350 M in Series C round

2021-04-26

Crusoe Energy raised $ 128 M in Series B round

2019-05-03

Crusoe Energy raised $ 4.5 M in Seed round

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