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Mavria Raises $130 Million at $1 Billion Valuation for Modular Data Centers

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Mavria Raises $130 Million at $1 Billion Valuation for Modular Data Centers

8 sourcesUpdated Nov 10, 20261 min read

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Mavria Raises $130 Million at $1 Billion Valuation for Modular Data Centers — Photo: Charlie fong / Wikimedia Commons (CC BY-SA 4.0)

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Houston-area startup Mavria has raised $130 million, including a round led by Paradigm, at a reported $1 billion valuation to scale factory-built data centers. Its Terrain product packages power, cooling, controls and server infrastructure into standardized 5-megawatt units intended for transport and deployment near available electricity; the first unit is in production in Houston. Founded by three former Department of Energy staffers, the company is betting that factory manufacturing can make data-center construction more repeatable and speed deployment for AI and cloud workloads. Modular construction may ease some building and siting delays, but access to power remains a central constraint, and Mavria has not disclosed customers or deployment locations.

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China rejects espionage claims targeting Nvidia CEO Jensen Huang

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Nvidia shares fell about 4% in overnight trading after CEO Jensen Huang admitted to an affair and the company’s board opened an investigation into reports he was targeted by a suspected Chinese intelligence operative. The board said it has no reason to believe company secrets or national security were compromised, while investors weighed leadership uncertainty ahead of Nvidia’s earnings report.

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