--- title: TAR raises $120m at a $1bn valuation to build off-grid... description: TAR, an Austin-based company building off-grid power systems for AI data centres, raised a $120m Series A led by Spark Capital at a $1bn post-money valuation.... canonical: https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: TAR raises $120m at a $1bn valuation to build off-grid power for AI | daily.dev og:description: TAR, an Austin-based company building off-grid power systems for AI data centres, raised a $120m Series A led by Spark Capital at a $1bn post-money valuation.... og:url: https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac og:image: https://api.daily.dev/og/posts/foZVQFgAc.png og:image:alt: TAR raises $120m at a $1bn valuation to build off-grid power for AI og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # TAR raises $120m at a $1bn valuation to build off-grid power for AI **[The Next Web](https://daily.dev/sources/tnw)** · 3 min read · 0 upvotes · 0 comments ## Summary TAR, an Austin-based company building off-grid power systems for AI data centres, raised a $120m Series A led by Spark Capital at a $1bn post-money valuation. Its modular systems in West Texas combine solar, batteries and backup natural gas generators, deployed without connecting to the grid using in-house automation software and robots. The company is working on a utility-scale project for a major neocloud and a several-hundred-megawatt deployment for an undisclosed Texas data centre customer, with plans to expand its Austin headquarters, San Francisco engineering office, and West Texas manufacturing site. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What does TAR's off-grid power system for AI data centres consist of? It combines solar power, batteries, and backup natural gas generators, deployed as self-contained modular systems that do not connect to the electrical grid. Renewables and batteries supply most of the energy, with gas used only for backup or emergencies. The systems are built in West Texas using TAR's own deployment automation software and robots, allowing deployment in a matter of months. _Follow how off-grid power buildouts are reshaping AI infrastructure economics on daily.dev._ ### How much funding did TAR raise and at what valuation? TAR raised a $120 million Series A led by Spark Capital at a $1 billion post-money valuation, with participation from prior investors Buckley Ventures and Align Fund. Spark Capital is also an investor in Anthropic. The company, founded in 2026 by Pat Becker and Leonhard Soenke, plans to use the funds to grow its Austin headquarters, San Francisco engineering office, and West Texas manufacturing site. _Track funding trends shaping AI power and data centre infrastructure on daily.dev._ ## Similar posts on daily.dev - [Google adds 1GW of solar to fuel $185B AI spending spree](https://daily.dev/posts/google-adds-1gw-of-solar-to-fuel-185b-ai-spending-spree-832myhbnu) · The Register · 0 upvotes · 0 comments - [Ex-Meta CTO raises $250M climate fund as AI energy demand surges](https://daily.dev/posts/ex-meta-cto-raises-250m-climate-fund-as-ai-energy-demand-surges-71gzvhl8o) · The Next Web · 0 upvotes · 0 comments - [A gas-rich outback station could host a $28bn off-grid AI data centre](https://daily.dev/posts/a-gas-rich-outback-station-could-host-a-28bn-off-grid-ai-data-centre-ujwo4vyas) · The Next Web · 0 upvotes · 0 comments - [Tem raises $75M to remake electricity markets using AI](https://daily.dev/posts/tem-raises-75m-to-remake-electricity-markets-using-ai-xtfruuu2p) · TechCrunch · 0 upvotes · 0 comments - [Elon Musk has given up on solar power \(on Earth\)](https://daily.dev/posts/elon-musk-has-given-up-on-solar-power-on-earth--dvul2vj86) · TechCrunch · 1 upvotes · 0 comments --- Tags: [#sustainability](https://daily.dev/tags/sustainability), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"TAR raises $120m at a $1bn valuation to build off-grid power for AI","url":"https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac"},"datePublished":"2026-09-10T19:30:36.378Z","dateModified":"2026-09-10T20:15:15.012Z","description":"TAR, an Austin-based company building off-grid power systems for AI data centres, raised a $120m Series A led by Spark Capital at a $1bn post-money valuation....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9ad158e4c020f739a14cc79f0a4a8ac8?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/9ad158e4c020f739a14cc79f0a4a8ac8?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"sustainability,ai-infrastructure","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"TAR raises $120m at a $1bn valuation to build off-grid power for AI"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/tar-raises-120m-at-a-1bn-valuation-to-build-off-grid-power-for-ai-fozvqfgac#faq","mainEntity":[{"@type":"Question","name":"What does TAR's off-grid power system for AI data centres consist of?","acceptedAnswer":{"@type":"Answer","text":"It combines solar power, batteries, and backup natural gas generators, deployed as self-contained modular systems that do not connect to the electrical grid. Renewables and batteries supply most of the energy, with gas used only for backup or emergencies. The systems are built in West Texas using TAR's own deployment automation software and robots, allowing deployment in a matter of months. Follow how off-grid power buildouts are reshaping AI infrastructure economics on daily.dev."}},{"@type":"Question","name":"How much funding did TAR raise and at what valuation?","acceptedAnswer":{"@type":"Answer","text":"TAR raised a $120 million Series A led by Spark Capital at a $1 billion post-money valuation, with participation from prior investors Buckley Ventures and Align Fund. Spark Capital is also an investor in Anthropic. The company, founded in 2026 by Pat Becker and Leonhard Soenke, plans to use the funds to grow its Austin headquarters, San Francisco engineering office, and West Texas manufacturing site. Track funding trends shaping AI power and data centre infrastructure on daily.dev."}}]} ```