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Crusoe Energy Systems
Clean computing infrastructure
- 201-500 employees
- B2B
- Enterprise
- Energy
- Sustainability
- LoDo, Denver, CO
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Company mission
To align the future of computing with the future of the climate.
Our take
Methane, that is mostly generated by flaring in the oil and gas industry, is a major contributor to global warming - as are the carbon emissions produced by global computing (especially bitcoin mining.) Crusoe Energy Systems reduces flaring, and repurposes waste natural gas into energy for these processes, thus removing methane from the atmosphere and simultaneously reducing the carbon footprint of computing.
Crusoe's mobile data centers can be deployed to generate power from methane waste at its source. As well as its patented Digital Flare Mitigation system, Crusoe is also working to enable alternative revenue streams for renewable and clean energy projects, with the ultimate aim to run data centers on renewable energy.
The company has connections with Kraken Oil & Gas, Devon Energy, Enerplus, and more; and its computing power is used by institutes such as MIT. The rising pressure to take action on climate change, coupled with the need for high-energy computing as more infrastructure moves online, has placed it in a massive industry. With the capability of its systems to reduce the equivalent of 8,000 tonnes per year of CO2 and 2023 debt financing amounting to $200 million in investment, Crusoe Energy Systems is well positioned to make an impact and drive for further success.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Stock options in a fast-growing, well-funded technology company
- Cell phone reimbursement
- Unlimited time off
- Company paid commuter benefit; $100 per month
- 401(k) with a 4% match
- Teladoc
- Paid life insurance, short-term and long-term disability
- Tuition reimbursement
- Paid Parental Leave
- Health insurance package options that include HDHP and PPO, vision, and dental for you and your dependents
- Subscription to the Calm app
- Pet-friendly offices
Company values
- Cultivate an idea meritocracy
- Think like a mountaineer
- Relentless commitment to resource efficiency
- Tap into the collective genius
- Be and become your best self
Funding (last 2 of 5 rounds)
Oct 2024
$500m
SERIES D
Apr 2022
$350m
SERIES C
Total funding: $1.0bn
This company has top investors
Leadership
Cully Cavness
(President & COO)Started their career as an Energy Infrastructure Research Fellow before spending 3 years as a Business Development Manager at Recurrent Engineering and serving as CFO of Sword & Plough. They left their role as VP of Highlands Natural Resources to co-found Crusoe Energy Systems.
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