TAR raises $120M in Series A funding to expand operations and development efforts, led by Spark Capital.
Amount Raised
$120 Million
Round Type
Series A
AustinEnergyArtificial IntelligenceRenewable EnergySolarEnergy StoragePower GridInvestors
Description
TAR, an Austin-based provider of off-grid power systems for AI data centers, raised $120M in Series A funding at a $1 billion valuation. The funding round was led by Spark Capital with participation from Buckley Ventures, Align Fund, and others. The company plans to use the funds to expand operations and its development efforts. TAR builds modular power systems that combine renewable energy generation and battery storage designed for AI data centers.
Quick answer
TAR raised $120 Million in a Series A round, dated September 10, 2026. Investors: Align Fund, Buckley Ventures and Spark Capital. TAR is based in Austin, Texas, United States.
- How much did TAR raise?
- TAR raised $120 Million in a Series A round on September 10, 2026.
- Who invested in TAR?
- Align Fund, Buckley Ventures and Spark Capital are named as investors in this round.
- What does TAR do?
- TAR is an Austin, TX-based provider of off-grid power systems for AI data centers.
- Where is TAR based and how big is it?
- TAR is based in Austin, Texas, United States.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as TAR that raised within 45 days of this round, from Fundz verified event records.
- NOX Energy raised $3.4M (Seed) on September 30, 2026.
- Novele raised $17M (Series A) on October 1, 2026.
- Rebaba raised $4.6M (Seed) on September 9, 2026.
- TXNM Energy raised $400M (Debt Financing) on September 2, 2026.
- Certain Energy raised $14M (Series A) on August 26, 2026.
- Otovo USA raised $3M (Post-IPO Equity) on October 23, 2026.
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Funding Insights
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