ChainCatcher reports that modular data center company Mavria has raised a total of $1.3 billion in Pre-Seed and Seed rounds. The latest round has valued Mavria at $1 billion, led by Paradigm, with participation from AMP PBC, Liquid 2, Critical Frontier, and Dream Ventures. Mavria is focused on building an industrial platform to power AI in the United States; its first product, Terrain, is a factory-built data center platform designed to accelerate compute deployment and reduce delivery costs and uncertainty. Terrain 01 is now operational in Houston. The funds will be used to secure supply chains, scale manufacturing, and expand the team.
Mavria Raises $130M at $1B Valuation for Modular Data Centers
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Summary
Mavria secured $130 million in project funding, reaching a $1 billion valuation in pre-seed and seed rounds led by Paradigm. The capital will expand its Terrain platform, a factory-built data center solution for AI infrastructure. Terrain 01 is already operational in Houston. The funding follows growing demand for scalable infrastructure, with inflation data also shaping trends in tech investment.
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