Modular Data Center Firm Mavria Raises $130M to Date, Latest Round Led by Paradigm

November 10: According to official information, modular data center company Mavria has raised a cumulative $130 million across its Pre-Seed and Seed rounds. The latest round values Mavria at $1 billion and was led by Paradigm, with participation from AMP PBC, Liquid 2, Critical Frontier and Dream Ventures.

Mavria aims to build the industrial platform underpinning AI in the United States. Its first product, Terrain, is a factory-built data center platform designed to bring computing capacity online faster and reduce delivery costs and uncertainty. Terrain 01 is already operational in Houston. The funds will be used to secure the supply chain, scale manufacturing and expand the team.