FundedIQ
Artificial Intelligence

Magnora Data Center: Funding, Investors & Team (Sep 2026)

Magnora Data Center is a developer and operator of data center infrastructure. The company focuses on specific facilities with energy capacities ranging between 20 and 150 megawatts. The firm advances these projects from the initial greenfield stage directly to the ready-to-build phase. The organization provides physical computing environments to support artificial intelligence workloads and standard data processing requirements.

magnoradc.com LinkedIn Oslo, Norway 11-50 employees
Artificial Intelligence (AI) Data Center Property Development
Total raised
$69.8M
Rounds
1
Latest
Undisclosed round
Jun 2026

Magnora Data Center has raised $69.8M across 1 funding round on record, the most recent an undisclosed round of $69.8M announced in Jun 2026.

That round is above the $5.5M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Magnora Data Center Company Profile and Key Stats

Total funding raised
$69.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$69.8M in Jun 2026
Employees
11-50
reported band
Headquarters
Oslo, Norway

Latest funding round on record: Jun 2026.

Magnora Data Center Funding Rounds

Date
Round
Amount
Undisclosed round
$69.8M

Magnora Data Center Founders and Leadership Team

Name
Role
Contact
Morten Stromgren
Founder

No contact details are on record for this team yet.

Magnora Data Center Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round

Magnora Data Center's latest round of $69.8M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Magnora Data Center Funding FAQs

What does Magnora Data Center do?

Magnora Data Center is a developer and operator of data center infrastructure. The company focuses on specific facilities with energy capacities ranging between 20 and 150 megawatts. The firm advances these projects from the initial greenfield stage directly to the ready-to-build phase. The organization provides physical computing environments to support artificial intelligence workloads and standard data processing requirements.

How much funding has Magnora Data Center raised?

Magnora Data Center has raised $69.8M across 1 round on record. The most recent is an undisclosed round of $69.8M announced in Jun 2026.

When did Magnora Data Center last raise funding?

Magnora Data Center's most recent funding round on record is an undisclosed round of $69.8M, announced in Jun 2026.

Who founded Magnora Data Center?

FundedIQ lists Morten Stromgren (Founder) at Magnora Data Center.

Where is Magnora Data Center headquartered?

Magnora Data Center is based in Oslo, Oslo, Norway.

How many employees does Magnora Data Center have?

Magnora Data Center is in the 11-50 employee band.

How does Magnora Data Center's funding compare to other Artificial Intelligence startups?

Magnora Data Center's latest round of $69.8M is above the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.

About FundedIQ's Magnora Data Center Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Magnora Data Center is left off this page rather than filled in.

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