Armada, an edge computing company providing modular AI infrastructure, secured $230 million in an oversubscribed Series B funding round co-led by Overmatch, BlackRock and 8090 Industries. The company, valued at $2 billion, also announced a framework agreement with Johnson Controls to establish production of Galleon Forge One, a modular data center, at a factory in Arizona.
Galleon Forge One will span 400,000 square feet and is expected to create 500 jobs alongside various supply chain roles. Continuous production will commence in summer 2026, starting with Leviathan, Armada’s megawatt-scale modular data centers for high-density AI training and inference workloads. In addition to the framework agreement, Armada secured an investment from Johnson Controls that furthers its ability to produce and deploy AI infrastructure where customers need it.
“The AI race will not be won by one-off projects,” Dan Wright, Armada’s co-founder and CEO, said in a statement. “It will be won by the companies and countries that can manufacture, deploy and continuously improve AI infrastructure, with speed, scale and sovereignty. At Galleon Forge One, we will do what America does best: build the industrial base to win.”
Armada will invest its latest capital injection in supporting its growth initiatives and unlocking capacity for modular data centers.
