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Modular data center builder Armada raises $230 million, to build Arizona factory with new investor Johnson Controls

Tech CNBC By CNBC 19 May 2026 11:05 1 min read
Modular data center builder Armada raises $230 million, to build Arizona factory with new investor Johnson Controls

Modular data center builder Armada has raised $230 million from investors at a valuation of $2 billion, with BlackRock becoming a new investor.

Modular data center builder Armada has raised $230 million from investors at a valuation of $2 billion, with BlackRock becoming a new investor.

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