Latest Breaking News On - Kraken oil gas - Page 3 : comparemela.com

DENVER (BUSINESS WIRE) Apr 26, 2021 Crusoe Energy Systems Inc. (the “Company”) has closed a $128 million Series B equity financing led by Valor Equity Partners with participation from Lowercarbon Capital, DRW Venture Capital, Founders Fund, Bain Capital Ventures, Coinbase Ventures, Polychain Capital, KCK Group, Upper90, Winklevoss Capital, Exor, Zigg Capital and JB Straubel, the co-founder and former CTO of Tesla and founder and CEO of Redwood Materials. Crusoe also secured a non-dilutive $40m project financing facility from Upper90 in addition to the new equity capital. The combined funding will expand Crusoe’s operations as the Company pursues its mission to eliminate the routine flaring of natural gas and associated methane emissions while delivering low cost computing infrastructure. Crusoe deploys mobile, modular data centers that generate electrical power from otherwise wasted and flared natural gas (Digital Flare Mitigation® or DFM).

New mexicoUnited statesNorth dakotaCully cavnessMassachusetts institute of technology computer scienceFounders fundEnvironmental defense fundKraken oil gasWorld bankCrusoe energy systems incCrusoe energy systemsArtificial intelligence labDevon energyEnergy systemsValor equity partnersLowercarbon capital