AI data center company Mavria has raised cumulative funding of $130 million

According to Shenchao TechFlow, on November 10, per Mavria's official announcement, AI data center company Mavria has raised cumulative funding of $130 million across its Pre-Seed and Seed rounds. The latest round was led by Paradigm, with participation from AMP PBC, Liquid 2, Critical Frontier, and Dream Ventures, bringing the company's valuation to $1 billion.

Mavria said its first product, Terrain, is a factory-manufactured data center platform for frontier AI labs, cloud service providers, and data center developers. Terrain 01 is being produced in Houston. The funding will be used to secure critical supply chains, scale up manufacturing, and expand the team.

Source: Shenchao TechFlow