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TAR, which builds off-grid power systems for data centers, raised a $120M Series A led by Spark Capital at a ~$1B valuation (Mark Chediak/Bloomberg)

Techmeme ·
Spark Capital is backing TAR’s data-center power bet at unicorn pricing.

Bloomberg reports TAR raised a $120 million Series A led by Spark Capital. The round values the off-grid power systems company at about $1 billion. TAR’s focus is power infrastructure for data centers. Techmeme's note

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Categories: Money & Moves