Cited by: DRW Venture Capital (investor)
Total raised: $242.5 million
What it does: Crusoe repurposes otherwise wasted energy to fuel the growing demand for computational power in the expanding digital economy by developing and operating high-performance modular data centers.
Why it's promising: "As a carbon-neutral trading firm, DRW is excited to support real-world, creative solutions designed to address sustainability and climate change. The technology developed by Crusoe is a game changer in providing computational power that harnesses otherwise wasted sources while reducing emissions and lowering costs," said Kim Trautmann, head of DRW Venture Capital.