TAR raises $120M because AI data centers cannot wait for the grid
Spark Capital led the Series A at a roughly $1B valuation, three months after TAR disclosed a $27M seed round.
By RuntimeWire Staff · Published
Primary source: Bloomberg Technology
Why it matters
TAR is explicitly asking data-center operators to pay for speed rather than cheap electricity. Its $120M round shows investors financing power delivery as a core part of the AI stack.
Patrice Becker and Leonhard Soenke's TAR said it raised a $120 million Series A to manufacture off-grid power systems for data centers, giving two software founders a roughly $1 billion valuation for moving into turbines, batteries and construction sites.…
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