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Founders Fund

American venture capital firm

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Founders Fund is an American venture capital fund founded in 2005 based in San Francisco. The fund has roughly $17 billion in total assets under management as of 2025. The firm was founded by Peter Thiel, Ken Howery, and Luke Nosek.

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Crusoe raises $3.9B in Series F to fund Spark modular data centers
economy51 min ago
Crusoe raises $3.9B in Series F to fund Spark modular data centers

Crusoe announced a $3.9 billion Series F round, valuing the company at $30.9 billion. The funds will support building data centers and its Spark modular product, with over 6 GW of contracted capacity and more than $140 billion in total contracted value. The company emphasizes a shift toward modular, transportable data centers for AI workloads alongside traditional large-scale facilities.

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