About Crusoe Energy Systems
Crusoe Energy Systems provides solutions for the energy industry helping them to reduce routine flaring of natural gas.
Headquarters
Crusoe Energy Systems, Denver
Founded
2018-08-23
Industry
Energy, Energy Management, Oil and Gas
Last Funding Type
Series D
Valuation
2
Total Funding
$1.35 billion dollars
IPO Status
Private
Financial
Crusoe Energy Systems is focused on developing systems and methods to mitigate the flaring of natural gas. Their research involves processing raw natural gas into a fuel gas stream, which is then used to power on-site power generation modules. These modules convert the fuel gas stream into usable energy, addressing the issue of routine flaring in the energy industry. This approach not only reduces waste but also provides a sustainable energy solution.
Crusoe Energy Systems LLC announced the construction of a 200 MW data center at the Lancium Clean Campus in Abilene, Texas, with plans to expand to 1.2 GW. Additionally, Crusoe released their 2023 Impact Report and is hosting a 'Hackathon for Clean Energy' in collaboration with Lowercarbon at their San Francisco office.
Crusoe Energy Systems LLC announced the construction of a 200 MW data center at the Lancium Clean Campus in Abilene, Texas, with plans to expand to 1.2 GW. Additionally, Crusoe released their 2023 Impact Report and is hosting a 'Hackathon for Clean Energy' in collaboration with Lowercarbon at their San Francisco office.
Funding Rounds
8
Number of Lead Investors
8
Total Funding Amount
$1.35 billion dollars
Number of Investors
36