TAR Secures $27 Million Seed Funding To Develop Modular Power Systems For Data Centers
Building Size
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Asset Type
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Closing
Jun 16, 2026
About this deal
AI
TAR, a green energy infrastructure startup, raised a $27 million seed round to develop modular, behind-the-meter power systems for data centers. The investment aims to address grid constraints with rapidly deployable infrastructure that integrates solar, wind, batteries, and limited backup gas generation.
Summary of transaction details:
- Deal Type: Seed
- Transaction Amount: $27,000,000
- Founder: Pat Becker
TAR's focus is on speed and independence from the grid, offering a plug-and-play energy model that caters to the increasing demand for AI-driven data centers. The company's approach allows for powering operations without adhering to traditional interconnection timelines or placing strain on local utilities.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93