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Aston Power secures $20 million in funding to expand its data center power delivery business, led by TDK Ventures with support from JLL Spark Global Ventures.

PRIVATEJun 16, 2026about 1 month ago

Amount Raised

$20 Million

Round Type

Funding Round

RaleighEnergyArtificial IntelligenceRenewable Energy

Investors

Building VenturesJll Spark Global VenturesTdk Ventures

Description

Aston Power, a company specializing in large-scale power delivery for data centers, has secured $20 million in funding. The funding will support operations and growth amidst increasing power demand and grid constraints. The deal was led by TDK Ventures and Building Ventures, with participation from JLL Spark Global Ventures. This investment aims to enhance Aston's integrated power delivery model.

Company Information

Company

Aston Power

Location

Raleigh, North Carolina, United States

About

Aston Power is a fast growing company that provides reliable, integrated large-scale power delivery to data centers. The company focuses on solving coordination and deployment challenges in the energy sector, aiming to simplify deployment and improve reliability for large-scale industrial and AI infrastructure projects. Aston's model reflects a growing shift in how large-scale power gets delivered. Their service pipeline currently represents approximately 2 gigawatts of power capacity with projects underway in multiple states.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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