Armada raises $230M at $2B valuation to build portable AI data centers
Armada Inc., a provider of portable data centers and satellite internet software, has raised $230 million in funding at a $2 billion valuation.
The company disclosed in its announcement of the raise today that BlackRock, Overmatch and 8090 Industries were the lead investors. They were joined by more than a half-dozen others, including Johnson Controls Inc., a major industrial equipment supplier. The company inked a manufacturing partnership with Armada as part of the deal.
Armada sells a line of portable data centers known as the Galleon series. The smallest system in the series, Beacon, is the size of a suitcase, while the largest can provide multiple megawatts of computing capacity. One megawatt corresponds to the power consumption of several thousand homes.
The company ships its data centers in ruggedized containers that can withstand challenging temperatures, shocks and other adverse conditions. A suite of sensors embedded into each system’s casing enable customers to detect tempering attempts.
