TAR Raises $120m at $1bn Valuation for Off-Grid AI Power

TAR raises $120m at $1bn valuation for off-grid AI power

TAR has raised a $120m Series A led by Spark Capital at a $1bn post-money valuation. The Austin company builds off-grid power systems for AI data centres. The company announced the round on Thursday. Prior investors Buckley Ventures and Align Fund also took part, Bloomberg reported. Spark Capital is an investor in Anthropic, Bloomberg noted. […] This story continues at The Next Web

TAR Raises $120 Million Series A at a $1 Billion Valuation Led by Spark Capital to Build Off-Grid Power for AI

AUSTIN, Texas--(BUSINESS WIRE)--Sep 10, 2026-

Anthropic Investor Leads Funding for Off-Grid AI Power Startup

A startup that builds off-grid power systems for data centers said it raised $120 million in a Series A funding round led by Spark Capital, an investor in artificial-intelligence developer Anthropic PBC.

Austin startup TAR raises $120M to build off-grid power systems for AI data centers

Austin startup TAR closed a $120M Series A led by Spark Capital, reaching a $1B valuation to build off-grid power systems for AI data centers.

TAR Raises $120 Million at $1 Billion Valuation for Off-Grid AI Power

Power availability is becoming one of the primary constraints on new AI data center capacity, with grid interconnection timelines and... The post TAR Raises $120 Million at $1 Billion Valuation for Off-Grid AI Power appeared first on citybiz.