Crusoe Energy Systems

Energy · Denver, US · crusoeenergy.com

Modular data centres powered by flared natural gas for crypto mining and compute

Founders

Chase Lochmiller (United States · ♂) — A quant trader turned crypto investor and mountaineer who, on a 2017 hiking trip with childhood friend Cavness, conceived Crusoe to capture stranded/flared energy for computing, becoming CEO.
Cully Cavness (United States · ♂) — A third-generation oil-and-gas family member, embarrassed by industry waste, who paired his energy-sector experience with Lochmiller's computing background to co-found Crusoe in 2018.
Jenny Maddox

Date	Round	Amount
Apr 2022	Series C Crusoe Energy Systems, a US flare-gas data centre company, raised $505M ($350M equity led by G2 Venture Partners, $155M credit) with Valor Equity Partners, Lowercarbon Capital and Winklevoss Capital participating.	$505M

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