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Cloud/AI

CoreWeave

CoreWeave raises $7.5B Debt Financing at $19B valuation

2 Hudson Place, Hoboken, NJ 07030May 7, 20241 min read
Total Raised
$7.5B
Valuation
$19B
Latest Round
Debt Financing
Employees
1200+

CoreWeave: Debt Financing Funding Round

CoreWeave has successfully raised $7.5B in Debt Financing funding, reaching a valuation of $19B.

Company Overview

Specialized cloud provider for AI workloads

Funding Details

The Debt Financing round was led by Magnetar Capital, with participation from Blackstone, Carlyle, BlackRock, Coatue, Nvidia.

Company Information

  • Headquarters: 2 Hudson Place, Hoboken, NJ 07030
  • Founded: 2017
  • Employees: 1200+
  • Category: Cloud/AI

Investment

CoreWeave plans to use the funds to accelerate product development, expand its team, and scale operations globally.

About the Investors

  • Magnetar Capital: Verified investor in Debt Financing
  • Blackstone: Verified investor in Debt Financing
  • Carlyle: Verified investor in Debt Financing
  • BlackRock: Verified investor in Debt Financing
  • Coatue: Verified investor in Debt Financing
  • Nvidia: Verified investor in Debt Financing

Company Info

Headquarters
2 Hudson Place, Hoboken, NJ 07030
Founded
2017
Team Size
1200+
Last Round
$7.5B(May 2024)

Investors (6)

M
Magnetar CapitalLead
Lead Investor
Verified investor in Debt Financing
B
Blackstone
Investor
Verified investor in Debt Financing
C
Carlyle
Investor
Verified investor in Debt Financing
B
BlackRock
Investor
Verified investor in Debt Financing
C
Coatue
Investor
Verified investor in Debt Financing
N
Nvidia
Investor
Verified investor in Debt Financing

Topics

verified(3079)real-funding(3079)coreweavecloud/aidebt-financing2-hudson-place

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