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Joule Secures $60M in Series B to Launch AI-Ready BetterGrid Data Center Platform

Joule secures $60M in Series B funding to launch its AI-ready BetterGrid™ platform, revolutionizing data center deployment with 1.7 GW of power equipment.

Joule, a Utah-based power and digital infrastructure developer, announced significant advancements in data center technology with the launch of its Joule BetterGrid™ platform, specifically tailored for high-density AI workloads. The announcement, made on February 5, 2026, follows the company’s recent closure of a $60 million Series B financing round, which was led by Clear Lake Investments and Foulger Pratt. This funding reflects the growing investor confidence in Joule’s ability to deliver operational capacity significantly faster than traditional data center operators, addressing a pressing need in the market.

The BetterGrid™ platform aims to tackle the critical bottleneck of speed to market in data center infrastructure deployment. Current conventional operators often face multi-year delays due to utility approvals and equipment procurement challenges. In contrast, Joule has already secured 1.7 GW of Caterpillar power-generation equipment, with the first delivery scheduled for March. The company possesses a fully entitled AI data center campus in Millard County, UT, which includes 4,000 acres of land and 10,000 acre-feet of senior water rights, providing it with a robust infrastructure that enables expedited timelines for deployment.

“The AI revolution is happening now, but most data center infrastructure is designed for yesterday’s workloads,” said Brock Andrus, Co-CEO at Joule. He emphasized that the company’s approach is not about retrofitting legacy facilities but rather ensuring that every component of the BetterGrid™ is either purchased, permitted, or actively under construction. This readiness gives customers a rare assurance of both certainty and speed in an otherwise unpredictable market.

The advantages of the BetterGrid™ platform extend beyond merely providing power and space. Joule integrates the entire energy stack, offering base-load and backup generators, switchgear, inverters, SCR units, and BESS systems, all designed to deliver 480 volts directly to the data center floor. The infrastructure includes N+2 behind-the-meter power, which is specifically engineered to support modern AI clusters, thereby enhancing the efficiency and reliability of the operations.

“We’re not just providing power and space, we’re delivering complete, operational power infrastructure,” Andrus noted. He added that Joule simplifies the process for clients by managing the complexities of supply chain issues and vendor negotiations, allowing customers to focus solely on deploying their AI workloads without unnecessary delays.

Currently, Joule is leasing space for their data center campus, with plans to scale operations rapidly. The company positions itself as an energy and digital infrastructure provider specifically designed to meet the needs of high-demand computational workloads. By developing behind-the-meter, independent energy systems directly tied to next-generation data center infrastructure, Joule aims to eliminate the uncertainties often associated with traditional grid-dependent operations.

Headquartered in Utah, Joule is committed to building a resilient and self-sustaining campus that not only meets operational needs but also strengthens local communities and energy networks. The infrastructure is designed to support scientific discovery and innovation across various sectors, contributing to economic growth and long-term resilience in the technology landscape.

As the demand for AI-driven solutions continues to grow, Joule’s approach signifies a pivotal shift in data center infrastructure. By addressing the longstanding issue of deployment delays and operational uncertainties, the company is poised to play a critical role in shaping the future of data processing and energy management in an increasingly data-centric world.

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The AiPressa Staff team brings you comprehensive coverage of the artificial intelligence industry, including breaking news, research developments, business trends, and policy updates. Our mission is to keep you informed about the rapidly evolving world of AI technology.

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