Volta builds its cloud platform on Genesis Grid under licence. Volta secures the power, signs the tenants and operates the platform; our software sits underneath it. Anyone putting a business this size on a stack examines that stack first, and coming through that examination is the part of this story that is ours.
Volta announced the round on 5 August 2026: USD 300 million at a USD 2.4 billion valuation, co-led by Andreessen Horowitz and Altimeter, with NVIDIA and Michael Dell participating, alongside USD 5 billion in customer financing. Founders Ricard Boada and Sofia Gumuzio came from Brookfield, and the first delivery runs with Bitdeer out of a 133 MW data centre in Norway. Figures as reported by TechFundingNews. The money is Volta's news rather than ours, which is why it appears here once and nowhere else.
raised on 5 August 2026 at a USD 2.4 billion valuation
cloud contract over six years, delivered with Bitdeer from Norway
power secured, with sites planned in Texas and Wyoming
Volta builds its platform on Genesis Grid under licence. Volta runs the sites, the tenants and the commercial business; Genesis Cloud supplies and develops the software stack underneath. We claim no further part in it.
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No. Genesis Cloud licenses software and does not run data centres, sell capacity or offer managed services. Volta's own people operate the platform. What the stack changes is the shape of that team: you staff an operations team rather than a platform-engineering organisation, the same shift server estates went through with VMware. You still need people, just fewer and less deeply specialised.
It counts for exactly what it is: one operator, at a size you can check, running the stack under its own tenants. Volta is the licensee we are allowed to name, and investor diligence is not a technical reference — we will not sell it as one. Ask us for the deployment figures under NDA, and ask Volta's engineers what they had to build around the stack. Those two answers should decide it for you, not this page.
Only up to a point. Uptime Institute's Tier I to IV describe topology — redundancy and what can be maintained while the site keeps running — not availability percentages, which Uptime stopped publishing years ago. Software resilience shifts how much redundancy a building must carry for a given class of tenant; it does not replace it. A deployment is one cluster in one building: if that building loses power, the cluster goes down, and no software changes that. Sell availability that depends on maintaining while running, and you need a facility that delivers it.
That depends on power, hardware and network readiness on your side more than on the software. Bring us your site plan and we will walk the steps with you rather than quote you a number.
