Mavria, a Texas-based startup founded by three former US Department of Energy staffers, has raised $130 million across its pre-seed and seed rounds, reaching a $1 billion valuation. Paradigm led the latest tranche, with AMP PBC, Liquid 2, Critical Frontier and Dream Ventures also participating. The round was disclosed November 11, 2026, and will go toward securing supply chains, scaling manufacturing and expanding Mavria's team.
The company, based in The Woodlands, Texas, near Houston, builds Terrain, a factory-built modular data center platform assembled in standardized 5-megawatt blocks. Each unit integrates power distribution, direct liquid cooling, controls and IT pods, and is fully assembled and tested before shipment, then trucked to sites near existing power distribution lines rather than requiring new transmission infrastructure. Terrain 01, the company's first deployment, is currently under construction in Houston.
Who's behind it, and who it's up against
Mavria was co-founded by CEO Adam Blake, a former commercial solar project builder who previously sold a software company to Vista Equity Partners; Nick Poradek, who brings manufacturing and supply chain experience from a company sold to Liberty Energy; and Seth Cohen, who focused on nuclear policy and regulatory work. All three worked together at the Department of Energy on energy and infrastructure matters before founding Mavria, a background the company is leaning on to argue it understands the permitting and grid-interconnection bottlenecks that slow conventional data center construction.
That pitch puts Mavria squarely alongside Torus, a Utah-based rival that raised $500 million the same week for a similar container-based, battery-paired compute product called Foundry. Both companies are chasing the same underlying problem: AI compute demand is outpacing the grid's ability to deliver new power to traditional hyperscale campuses, and both are betting that pre-manufactured, truck-deployable units can close that gap faster than new substations and transmission lines can be built. Mavria's pitch leans more on policy and permitting expertise from its founders' DOE background, while Torus leans on in-house battery manufacturing scale. Dealmaking in this niche remains young; as the DataCenterDynamics report on the round noted, few companies building modular AI infrastructure have reached commercial scale yet.
What comes next
Terrain 01's completion in Houston will be the first real test of whether Mavria's 5-megawatt blocks perform as promised once trucked and connected on site. With a $1 billion valuation resting on pre-revenue manufacturing claims, and a well-funded rival in Torus pursuing the same market, Mavria's next milestone to watch is whether it can sign and deliver its first external customer contract, not just its first self-built site.