Greylock co-leads Series A in Parallax, betting on 3D-printed gas turbines for data centers
An undisclosed Series A; whether additive manufacturing can really break the turbine backlog will show in deliveries.
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Greylock announced on October 1 that it co-led the Series A in Parallax, with Founders Fund, Lux, General Catalyst and others participating. The funding amount was not disclosed.
Parallax's first product is a 10MW gas turbine designed for data centers, using 3D printing to control its own supply chain. The premise: turbine orders are booked out past 2030, and data centers cannot wait.
The 100GW US power shortfall cited in the post is the investor's retelling of the founder's thesis; the announcement offers no independent basis for it. The next test is whether the company actually delivers turbines.