Crusoe, a data centre builder, is in talks to raise $3 billion in new funding, Bloomberg News reported on July 2, citing sources familiar with the matter.
If the deal is completed, Crusoe’s valuation could reach $30 billion, Bloomberg News said. That would be about three times the valuation it received in its previous fundraising last year.
Bloomberg did not disclose a list of investors expected to take part in the funding. More than 10 investors, including Nvidia and Salesforce Ventures, participated in an earlier round. Crusoe has raised a cumulative $2.77 billion so far.
Crusoe is building data centres for big tech companies such as Microsoft, Oracle and OpenAI.
Meta Platforms has also joined Crusoe’s customer list, Bloomberg reported. Meta is known to have signed a contract to use two Crusoe data centres under construction in Texas and Missouri.