Mabria raises cumulative $130 million... to produce AI data center equipment in Houston

Mavria, a startup manufacturing equipment for AI data centers, has raised a cumulative $130 million across pre-seed and seed funding rounds, with the latest round led by Paradigm and joined by AMP PBC, Liquid 2, Critical Frontier, and Dream Ventures. The company confirmed a $1 billion valuation for the recent round but did not disclose the amount raised in that specific round. Mavria said the capital is being deployed toward supply chain security, manufacturing expansion, and hiring, with equipment production based in Houston. The raise signals continued investor appetite for AI infrastructure buildout beyond chips and cloud capacity, extending into the physical data center supply chain. What to watch next is how quickly Mavria scales production and whether the disclosed valuation holds as it moves toward a Series A.