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Chase Lochmiller

Co-Founder and Chief Executive Officer, Crusoe
,United States
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Chase Lochmiller's Overview

Total Experience16 years
CompanyCrusoe
CountryUnited States

Chase Lochmiller is the Co-Founder and CEO of Crusoe Energy Systems, a company at the forefront of mitigating natural gas flaring by converting the otherwise wasted energy into power for energy-intensive computing, including AI, machine learning, and cryptocurrency mining. Prior to co-founding Crusoe in 2018, Chase gained significant experience in quantitative finance as a Portfolio Manager and Quantitative Researcher at Jump Trading LLC, and before that, as a Software Engineer at Facebook. He holds a Master of Science in Computer Science and a Bachelor of Science in Mechanical Engineering, both from Stanford University. His vision with Crusoe is to create a climate-aligned future for computation by leveraging underutilized energy resources.

Professional Summary

Chase Lochmiller's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Crusoe - Co-Founder and Chief Executive Officer (2018 to Present)
Polychain Capital - General Partner (2017 to 2018)
Jump Trading Group - Quantitative Trader (2014 to 2017)
KCG Holdings, Inc. - Managing Director, Algorithmic Trading (2008 to 2013)

Notable Achievements

Co-founder and CEO of Crusoe Energy Systems

Successfully co-founded and leads Crusoe Energy, a pioneering company that develops and operates modular data centers powered by flared natural gas, significantly reducing methane emissions and providing low-cost computing.

Forbes 30 Under 30 - Energy

Recognized in the Forbes 30 Under 30 list for Energy in 2020 for his innovative work with Crusoe Energy in tackling gas flaring and its environmental impact.

Significant Fundraising for Crusoe Energy

Led Crusoe Energy through multiple successful funding rounds, including a $350 million Series C equity round and $155 million in credit facilities in April 2022, underscoring investor confidence in the company's mission and technology.

Pioneer in Digital Flare Mitigation® (DFM)

Instrumental in developing and deploying Crusoe's proprietary Digital Flare Mitigation® systems, which capture stranded and flared natural gas to power mobile, modular data centers, thereby reducing greenhouse gas emissions.

Expansion of Crusoe Cloud™

Overseeing the growth of Crusoe Cloud™, a climate-aligned cloud computing platform built for AI and HPC workloads, powered by flare gas and other stranded or clean energy sources.

Educational Background

Master of Science - MS, Computer Science - Artificial Intelligence

Stanford University - Year 2013

Bachelor of Science - BS, Physics

Massachusetts Institute of Technology - Year 2004

Bachelor of Science - BS, Mathematics

Massachusetts Institute of Technology - Year 2004

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
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Corporate Finance

Company Overview

Crusoe
Total employees380
HeadquartersDenver
Founded2018

Crusoe is an energy technology company that powers modular data centers with otherwise flared or wasted natural gas, reducing emissions and providing low-cost computing power for energy-intensive applications like AI, cryptocurrency mining, and scientific computing. Their Digital Flare Mitigation® systems help oil and gas companies comply with environmental regulations and reduce their carbon footprint, while also creating a valuable resource from waste.

Crusoe Funding Information
$788M - Total Funding Raised
$505M - Most recent funding amount
6 - Number of funding rounds
21 Apr, 2022 - Latest funding round
Lead Investors:
G2 Venture Partners
Valor Equity Partners
Lowercarbon Capital
Bain Capital Ventures
Founders Fund
KCK Group
Exor Ventures
Polychain Capital
Mubadala Investment Company
Inclusive Capital Partners
Winklevoss Capital

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