Modular data center company Mavria has raised $130 million in funding, valuing the company at $1 billion.

Modular data center company Mavria has raised a total of $130 million in Pre-Seed and Seed funding rounds. The latest round was led by Paradigm, with participation from AMP PBC, Liquid 2, Critical Frontier, and Dream Ventures. Following this funding round, Mavria's valuation reached $1 billion. Mavria is dedicated to building industrial platforms to support AI in the United States. Its first product, Terrain, is a factory-built data center platform, and Terrain 01 is already in production in Houston. The funding will be used to secure the supply chain, expand manufacturing scale, and increase team size.