The energy recycling technology provider received backing from Mitsui and DRW in a round totalling $505m in equity and debt financing.

US-based clean computing technology provider Crusoe Energy Systems has secured $350m in series C equity funding from investors including conglomerate and principal trading firm DRW alongside $155m in debt financing.

G2 Venture Partners led the equity portion, which included Exor Seeds, a subsidiary of diversified holding company Exor, and Bain Capital Ventures, the venture capital arm of private equity firm Bain Capital, while DRW invested through its DRW Venture Capital vehicle.

Lowercarbon Capital, Polychain Capital, Valor Equity Partners, Founders Fund,…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.