Mavria Raises $130 Million to Expand Factory-Built AI Data Center Platform

Mavria announced Monday, Nov. 9, that it had raised $130 million across pre-seed and seed financing to expand production of its Terrain platform for AI data centers. The company plans to use the capital to secure critical supply chains, grow manufacturing and add to its team. Mavria said Paradigm led its latest financing round, which valued the company at $1 billion. The company did not give a separate size for that round in its announcement. Mavria co-founder and CEO Adam Blake said the latest round was $100 million and that Ange invested $30 million in a pre-seed round in June. Mavria did not specify whether the valuation was calculated before or after the latest investment. Terrain is designed to bring data center systems together in factory-built units.

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