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Cardinal Data Power

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Gigawatt-scale data campuses for AI infrastructure.

Dallas, United StatesFounded 2026Energy
Valuation $100–500M Latest valuation · 2026
Total funding $50–100M Disclosed equity funding
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About Cardinal Data Power

Cardinal Data Power (CDP) is a private developer of behind-the-meter, gigawatt-scale powered data centre campuses for AI and high-performance computing tenants. The Dallas-based company procures energy at scale and pairs secured power generation with large land positions, energising purpose-built data centre sites to meet the demands of modern AI infrastructure. Its inaugural campus in West Texas spans more than 3,500 acres, with a 750 MW Phase I designed to deliver first power in 2027 and ramp toward roughly 1 GW by 2029. CDP was founded by the Lyda Hunt Allred and Barbara Crow Hunt families and their family offices, Cavallo Holdings and Stratford Bridge Holdings, and is an affiliate of Hunt Properties.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2026
Headquarters
Dallas, United States
Open positions
None listed
Dealroom signal
16.7/100
Industry
Energy
Sector
Energy, Generative AI, genAI Computing Layer, AI Computing Infrastructure
Business model
Manufacturing
Client focus
b2b
Links
Website

Latest news

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES AOther financing Jul 2026 $70M $280M Hood River Capital Management · Empery Digital
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Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Hood River Capital Management
  • Empery Digital
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

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Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Dallas HQ
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Market sentiment

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