Mavria disclosed $130 million in total pre-seed and seed funding on November 9, with its latest, Paradigm-led round valuing the company at $1 billion. Its first demonstration of a factory-built data center, Terrain 01, is still being built in Houston, according to the company.
The startup is building Terrain for AI labs, cloud providers and data-center developers that would run their computing equipment inside its systems. Mavria says electrical equipment, cooling, controls and server enclosures are assembled and tested together before deployment, moving that integration work into a factory.
CEO Adam Blake said the capital is already going toward securing supplies, expanding manufacturing and hiring. Blake and co-founders Nick Poradek and Seth Cohen previously worked together at the Energy Department.
An October 21 SEC filing had recorded $75 million sold in a securities offering. The new $130 million disclosure covers multiple rounds; Mavria did not give the latest round’s standalone size.
Nvidia introduced its own factory-built approach, DSX POD, on October 21. Partners including Dell, HPE and Vertiv plan to deliver the containerized AI systems in early 2027, Nvidia said. The systems still need sites equipped with power, cooling and networking.