Paradigm leads Mavria’s $100m seed round
Mavria’s latest financing values the factory-built data center company at $1 billion.
Mavria raised $100 million in a new financing led by Paradigm, the company announced on November 9, 2026. The round values the business at $1 billion and brings its total funding across pre-seed and seed rounds to $130 million.
AMP PBC, Liquid 2, Critical Frontier and Dream Ventures also back the company. Mavria is using the capital to secure supply chains, scale manufacturing and expand its team.
Its first product, Terrain, combines power, cooling, controls and AI-compute infrastructure in standardized 5 MW blocks. The company builds and tests the systems in a factory for delivery to AI labs, cloud providers and data center developers. Terrain 01 is in production in Houston.
Use of funds
Secure critical supply chains
Scale manufacturing
Expand team