Crusoe — vertically integrated AI infrastructure (energy sourcing, AI-optimized data centers, cloud). Founded 2018 by Chase Lochmiller (CEO) and Cully Cavness; Denver, CO. ~$3.9B raised; ~$10B valuation. Investors incl. Founders Fund, Valor Equity Partners, Mubadala Capital, NVIDIA, Bain Capital Ventures, Altimeter Capital, 1789 Capital.

Englewood CO (Australian HQ, US office). Room-temperature diamond quantum accelerators. IQT Fall 2024 investment. Key differentiator: operates at room temperature (vs millikelvin for superconducting qubits) — enables deployment in field environments, data centers, edge. AFRL research partnership.