Crusoe Energy Systems Stock

www.crusoeenergy.comEnergyFounded: 2018Funding to Date: $163.12MM

Crusoe Energy Systems operates modular data centers designed to reduce routine flaring of natural gas and lower the cost of cloud computing. By converting natural gas to energy-intensive computing, Crusoe technology delivers an environmentally sound way to create a beneficial use for otherwise wasted natural gas. The company was founded by Chase Lochmiller and Cully Cavness in 2018 and is headquartered in Denver, CO.

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Team

Management Team

Chase Lochmiller
Co-Founder, Chief Executive Officer & Board Member
Matthew DeNezza
Chief Financial Officer
Charles Cavness
Co-Founder, President, Chief Operating Officer & Board Member
Nitin Perumbeti
Chief Technology Officer
Timothy Loos
Chief Accounting Officer

Board Members

Nael Kassar
KCK Group
Samuel Teller
Valor Equity Partners
Stefan Cohen
Bain Capital Ventures
Vivek Pattipati
Valor Equity Partners

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News

Denver-based Crusoe Energy Systems, which helps power bitcoin mining, closed a $350M Series C equity round led by G2 Venture Partners, as well as credit facilities of up to $155M with SVB Capital, Sparkfund and Generate Capital. Crusoe is now valued at $1.75B.