Crusoe Energy Systems Company Profile

Crusoe Energy Systems builds and runs vertically integrated data centers that power AI workloads for customers including Meta, Microsoft, Oracle and Google, drawing on wasted energy from oil fields as well as wind and solar. The company was founded in 2018 by Chase Lochmiller and Cully Cavness, and it started out mining Bitcoin using flared natural gas before shifting entirely to AI infrastructure.

Its largest disclosed project is the Abilene, Texas campus built for OpenAI's Stargate initiative, and Crusoe's revenue jumped from $276 million in 2024 to a projected $998 million in 2025 as that facility came online. Bloomberg reported in July 2026 that Crusoe was in talks to raise about $3 billion at a valuation near $30 billion, though the round had not closed.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Crusoe Energy Systems.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. Crusoe Energy Systems availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Crusoe Energy Systems included.

The last valuation is $30B (rumored, Jul 2026).

Lead investors for each round are in the funding timeline.

The closest ai infrastructure / energy peers are on the competitors page.

The routes section explains what is realistically available for a company at this stage.