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

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May 19, 2026 - 11:46
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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.

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