Crusoe Energy Systems provides innovative solutions for the energy industry. By converting natural gas to energy-intensive computing, Crusoe's Digital Flare Mitigation service delivers an environmentally sound way to create a beneficial use for otherwise wasted natural gas. Crusoe offers solutions to solve the gas flaring challenge for oil producers without upfront cost or operational complexity. Crusoe currently has flare mitigation projects operating or under development in North Dakota's Bakken oilfield, Wyoming's Powder River Basin oilfield, and Colorado's Denver-Julesburg oilfield. Systems are scalable up to millions of cubic feet per day and can be deployed anywhere in the United States or Canada.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/06/19 | $4,500,000 | Seed |
Bain Capital Ventures Founders Fund Wicklow Capital Winklevoss Capital | undisclosed |
