Modular data center maker Armada raised a $230M Series B co-led by Overmatch, 8090 Industries, and BlackRock at a $2B valuation, and plans a new Arizona factory (Krysta Escobar/CNBC)

<a href="https://www.cnbc.com/2026/05/19/modular-data-center-builder-armada-raises-230-million.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260519/i12.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260519/p12#a260519p12" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Krysta Escobar / <a href="http://www.cnbc.com/">CNBC</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/05/19/modular-data-center-builder-armada-raises-230-million.html">Modular data center maker Armada raised a $230M Series B co-led by Overmatch, 8090 Industries, and BlackRock at a $2B valuation, and plans a new Arizona factory</a></b></span>&nbsp; &mdash;&nbsp; Armada, which builds modular data centers that are becoming increasingly popular with customers in defense, energy and the military sector &hellip; </p>