Tech Company Financing Transactions
Crusoe Energy Systems Funding Round
On 12/9/2019, Crusoe Energy Systems raised $70 million in investment from Bain Capital Ventures, Upper90 and Founders Fund.
Transaction Overview
Company Name
Announced On
12/9/2019
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Bain Capital Ventures (Lead Investor) (Salil Deshpande)
Upper90 (Lead Investor)
Proceeds Purpose
The company intends to use the funds for the rapid expansion of its proprietary Digital Flare Mitigation� (DFM) technology and services.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1660 17th St. 325
Denver, CO 80202
USA
Denver, CO 80202
USA
Phone
Website
Email Address
Not Recorded
Overview
Crusoe is on a mission to help the oil industry eliminate routine flaring of natural gas and reduce the cost of cloud computing. We are passionate about our goals to help the oil industry operate more efficiently, achieve better relationships with communities and regulators, and improve environmental performance.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chase Lochmiller
Chief Financial Officer
Matthew DeNezza
Chief Technical Officer
Nitin Perumbeti
Controller
Jamie Zynger
President
Cully Cavness
VP - Bus. Development
Andrew Likens
VP - Engineering
Cagri Aksay
VP - Engineering
Ken Parker
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Next: 12/9/2019: RaySecur venture capital transaction
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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