Richard Ragusa~~Russell Light~~Elizabeth Trask~~Andrew Kofsky~~J. Struhs
January 24, 2026
Coatue Leads CoreWeave’s $1.1 Billion Series C Funding

1 min
AI-made summary
- Simpson Thacher advised Coatue as the lead investor in a $1.1 billion Series C funding round for CoreWeave, Inc., a specialized GPU cloud provider
- CoreWeave offers services for machine learning, AI, graphics, rendering, life sciences, and real-time streaming
- The company plans to use the funds to support rapid business growth and expand into new geographic regions to meet global demand for GPU-accelerated cloud infrastructure.
Simpson Thacher represented Coatue as the lead investor in a $1.1 billion Series C funding round in CoreWeave, Inc. (“CoreWeave”), a specialized GPU cloud provider.~~CoreWeave delivers a range of capabilities for machine learning and AI, graphics and rendering, life sciences, real-time streaming, and more. CoreWeave will use the funds to support the rapid growth across the business and expand into new geographic regions to meet the demand for GPU accelerated cloud infrastructure worldwide.~~The Simpson Thacher team included Ben Heriaud, Richard Ragusa, Melissa Lewis and Sofia Elkina (Capital Markets); Russell Light and Elizabeth Trask (Tax); Andrew Kofsky (Labor); J. Pasco Struhs (Executive Compensation and Employee Benefits); and Bobbie Burrows (Intellectual Property).
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Richard Ragusa~~Russell Light~~Elizabeth Trask~~Andrew Kofsky~~J. Struhs
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