$13.5M raised to scale modular data centers that eliminate flaring and curtailed renewable energy across Latin America.
142,000 tons of CO₂ emissions avoided annually through capture and conversion of wasted energy into computing power.
Doubling capacity by September, Unblock now operates the world’s second-largest computing fleet at oil field sites.
Unblock, a Latin America-based energy infrastructure startup, has raised $13.5 million in funding to scale its operations that transform wasted energy into computing power. The round was led by Goldcrest Capital and Collaborative Fund, with participation from Pampa Energia, Grupo Sielecki, FJ Labs, NYDIG, Luxor Technology, Sunna Ventures, and several leading Latin American entrepreneurs.
Unblock deploys modular data centers directly at remote oil and renewable energy sites, capturing gas that would otherwise be flared and utilizing curtailed renewable energy. The result is both environmental and economic: the company estimates its solution eliminates 142,000 tons of CO₂ annually while unlocking previously stranded value for energy producers.
“We are building at the crossroads of AI’s explosive energy demand and Latin America’s vast bottlenecked energy resources,” said Tomas Ocampo, CEO and founder of Unblock. “Latin America’s infrastructure constraints create the perfect breeding ground for flexible computing.”
“We envision an elastic computing network that flexibilizes midstream infrastructure while also smoothing volatility in the power grid,” Ocampo added.
The company is scaling rapidly in response to Argentina’s growing flaring crisis and now operates the second-largest computing fleet in the world at oil production facilities. Two major infrastructure projects are slated to double Unblock’s capacity by September.
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“We were super excited to partner with Unblock,” said Dan Friedland, Managing Partner at Goldcrest Capital. “The combination of already de-risked technology with strong local execution makes them uniquely positioned to capture Latin America’s massive stranded energy opportunity. Their growth from 0 to 15MW in just over a year speaks volumes about their ability to execute.”
“Unblock’s approach represents exactly that,” added Craig Wilson, Partner at Collaborative Fund. “Tomas’ and the team’s vision along with their impeccable execution convinced us to partner.”
With fresh capital in hand, Unblock is accelerating hiring across engineering and field operations, localizing data center production, and pushing deeper into the Latin American market.
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