Austin Startup TAR Raises $120M to Build Off-Grid Power Systems for AI Data Centers

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.