On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems revealed it secured $505 million from investors.
the company has raised $505 million in new funding. The Series C financing round was led by G2 Venture Partners and the latest funding brings Crusoe’s total capital raised to $747.5 million.
In addition to G2VP, the firms Valor Equity Partners, Lowercarbon Capital, Polychain Capital, Bain Capital Ventures, Founders Fund, MCJ Collective, Winklevoss Capital, Zigg Capital, DRW Venture Capital, Atreides Management, Exor Seeds, CMT Digital, and Upper90 participated as well. New investors in Crusoe include Robert Downey Jr.’s Footprint Coalition Ventures, Inclusive Capital Partners, Engine No. 1, Tao Capital, Felicis Ventures, Castle Island Ventures, and Mitsui & Co.
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