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Article CNBC Top Stories

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

CNBC Top Stories May 19, 2026 · 10:47 am Read Original
Bullish 65.0
−100 Bearish 0 +100 Bullish
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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Article Info
Source CNBC Top Stories
Published May 19, 2026 · 10:47 am
Article ID vx4nfy9
Original URL Open source
Sentiment Signal
Bullish 65.0
−100Neutral+100
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