Crusoe
AI infrastructure combining GPU cloud services, managed AI tools, large-scale data centers and modular AI factories for model developers and enterprises.
$3.9BSeries F (initial close; anticipated total)
ParticipantSG
StepStone Group
Activity from announced rounds
Activity in this selectionOct 24, 2026 · Industrial tech · Jan 1, 2026
StepStone Group is a private-markets investment manager whose venture and growth platform spans seed through growth equity, combining fund investments, direct investments and secondaries.
Its direct investment practice uses relationships with venture and growth fund managers, proprietary data and a global team to evaluate companies. This sits alongside its role as an investor in those managers’ funds.
The platform can participate in new company financings and in secondary transactions involving existing ownership. Founders should distinguish the capital needs of the business from shareholder liquidity when considering which part of StepStone’s investment model is relevant.
- Rounds participated in
- 5
- Confirmed lead rounds
- 0 3 roles undisclosed
- New companies
- 5 First participation on record · 0 follow-on
- Funding in participating rounds
- $4.9B 4 disclosed · full round size, not this investor’s share
By stage
By primary sector
By country
Rounds
5 in this selectionMariana Minerals
Builds and operates AI-driven mines and refineries for critical minerals
$310MSeries B
Role not disclosedAntora Energy
Antora Energy makes thermal batteries that store electricity as heat in carbon blocks and deliver continuous energy to industrial facilities and other large users.
$550MSeries C
ParticipantStandard Nuclear
Produces TRISO nuclear fuel for advanced nuclear reactors
$140MSeries A
Role not disclosedHadrian
Builds highly automated factories producing defense and aerospace systems
UndisclosedUndisclosed
Role not disclosed