TECfusions has secured over $300 million to be used for the development and expansion of its Virginia site. In response to “urgent capacity needs” from a key tenant, gradual funding began in January 2024 and has now been solidified in a formal loan agreement, which includes the cumulative monies invested earlier.
“Funding from our dedicated investor will enable TECfusions to accelerate the buildout of our Clarksville site with scalable capacity,” said Simon Tusha, founder and CTO of TECfusions. “Our Clarksville data center hosts one of the largest GPU clusters in the world, and we are proud to accelerate deployments for tenant commitments that sit [at] the forefront of AI-ready infrastructure.”
The company acquired the Clarksville site, located on Burlington Drive, with 500kW of capacity already live. It has been building out capacity since last year, taking it to 6MW by December 2023 and 24MW by June 2024. The third data hall – dubbed C-Hall and completed in September – contributed another 10.5MW. The site reportedly has 80MW of capacity available, expandable to 220MW. The company has also filed to expand the Clarksville campus further.
