Mavria launched on Nov. 9 with $130 million raised and a $1 billion valuation. The Houston-area company manufactures data centers in a factory and says its first unit is already in production. Mavria 
Featured: Aerial landscape rendering of a Mavria modular data center campus deployed in a greenfield setting.announced the figures in its launch post.
Mavria designs and builds the physical data center. Its customers run their own compute inside. Co-founders Adam Blake, Nick Poradek, and Seth Cohen worked together at the U.S. Department of Energy before starting the company, which is based in The Woodlands in Texas, north of Houston. Mavria raised the total across pre-seed and seed rounds. Crypto Briefing reported the newest round at $100 million, led by Paradigm at a $1 billion post-money valuation, with AMP PBC, Liquid 2, Critical Frontier, and Dream Ventures also investing.
The first product, Terrain, is a factory-built data center platform for high-density AI compute. Each unit is a 5 MW system that ships integrated with power distribution networks, direct liquid cooling systems, automation controls, and standardized IT racks. Mavria says a unit can plug directly into local distribution power lines to use excess grid capacity. The company sells the infrastructure and does not operate a cloud or sell compute, it says.
Blake and Cohen co-led the Energy Department team that carried out President Trump's nuclear executive orders, and Cohen was chief counsel for nuclear policy, MLQ reports. Mavria says Blake previously advised the secretary of energy and sold a software company to Vista Equity Partners, and that Poradek sold a manufacturing company to Liberty Energy. The founders started Mavria over the summer, the Wall Street Journal reported.
"Building Mavria requires people from industries that have rarely worked together, but increasingly must," said Blake, Mavria's chief executive.
Baxtel tracks 68 data center facilities in Houston, totaling 439 MW, with 18 more under construction in the metro. The largest is Serverfarm's Houston HTX1 at 100 MW.
Terrain 01 is in production in Houston, and Mavria has not named customers or disclosed prices. The Wall Street Journal reported that testing of the Terrain units is slated for early 2027, with assembly lines expected to scale output by mid-2027.
Related on Baxtel
