Mavria raises $130 million to mass-produce modular AI data centers

What happened

The Houston-area startup has raised a total of $130 million to scale manufacturing of its factory-built data centers.

Unicorn status on launch day Mavria launched on November 9, 2026. It arrived with a billion-dollar price tag and a product already on the production floor.

Mavria wants to build them more like cars coming off an assembly line. That contains a $100 million round led by Paradigm, which puts the company at a post-money valuation of $1 billion .

Paradigm led the round, but it brought company. The backer list also contains AMP PBC (a company legally required to pursue a stated public benefit), Critical Frontier, Liquid 2 and Dream Ventures.

The founding trio comes from an unusual place for a hardware startup: the US Department of Energy. CEO Adam Blake, Seth Cohen and Nick Poradek all previously worked at the agency.

The company’s first product line is called Terrain. Each unit is a standardized 5 MW block that bundles power, cooling and IT infrastructure into a single package.