A
ArenaArena (formerly LMArena, born as Chatbot Arena at UC Berkeley) operates the crowdsourced leaderboard and evaluation platform used industry-wide to benchmark and rank AI models.
3 Pulse stories
C
CrusoeCrusoe builds AI-optimized data centers and cloud compute infrastructure, pairing GPU clusters with stranded/clean energy sources to power large-scale AI workloads.
4 Pulse stories
Total Raised
$250M
$4.1B
ArenaCrusoe
Last Valuation
$1.7B
$10B
ArenaCrusoe
AI infra
Sector
AI infra
2025
Founded
2018
San Francisco, CA
HQ
Denver, CO
Private
Status
Private
Arena investors
FelicisUC InvestmentsAndreessen HorowitzKleiner PerkinsLightspeed Venture PartnersThe House FundLaude Ventures
Crusoe investors
Founders FundValor Equity PartnersMubadala CapitalNVIDIAFidelityT. Rowe PriceTiger GlobalSalesforce Ventures
Data from Value Add Pulse coverage and company research — see the full threads for Arena and Crusoe.