Novva Data Centers raised $2 billion in a funding round led by J.P. Morgan and Starwood Property Trust to accelerate the build-out of its data center in Salt Lake City.
Amount Raised
$2 Billion
Round Type
Funding Round
West JordanSoftwareConsultingInvestors
Description
CIM Group and Novva Data Centers announced a new financing commitment of $2 billion to enhance the development of Novva's flagship data center. This funding will support construction phases for a new data center campus in West Jordan, Utah, addressing the increasing demand for cloud computing and AI capabilities.
Quick answer
Novva Data Centers raised $2 Billion in a Funding Round round, dated March 5, 2025. Investors: Starwood Property Trust and J.P. Morgan. Novva Data Centers is based in West Jordan, Utah, United States.
- How much did Novva Data Centers raise?
- Novva Data Centers raised $2 Billion in a Funding Round round on March 5, 2025.
- Who invested in Novva Data Centers?
- Starwood Property Trust and J.P. Morgan are named as investors in this round.
- What does Novva Data Centers do?
- Novva Data Centers creates purpose-built data centers for the future across the Western United States, providing scalable wholesale infrastructure services for local, national, and international clients.
- Where is Novva Data Centers based and how big is it?
- Novva Data Centers is based in West Jordan, Utah, United States. Fundz records about 47 employees.
- Who are the decision-makers at Novva Data Centers?
- Fundz holds 1 contact at Novva Data Centers. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Consulting and Software around the same time
Companies in the same sectors as Novva Data Centers that raised within 45 days of this round, from Fundz verified event records.
Who to call at Novva Data Centers, and when
A new round usually means Novva Data Centers is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Novva Data Centers raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Novva Data Centers, from your own LinkedIn network
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Novva Data Centers raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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