Los Angeles, CA - Metrobloks, a data center developer focused on AI-ready low-latency infrastructure, today announced the successful closing of its latest financing round. The round was led by Canopy Generations Fund.
The new capital will be used to accelerate Metrobloks’ development pipeline across multiple North American metro markets, advance site acquisitions and pre-leasing activity, and further invest in the company’s team growth.
“Closing our latest financing round marks a major milestone for Metrobloks and validates our conviction that the next wave of digital infrastructure must be both AI-ready and responsibly designed,” said Ernest Popescu, Chief Executive Officer of Metrobloks. “Canopy Generations Fund shares our long-term perspective on sustainability, resilience, and impact. Their partnership strengthens our ability to scale thoughtfully while meeting the rapidly growing demand for high-performance compute at the metro edge.”
Canopy Generations Fund’s investment reflects increasing demand for data center platforms that balance performance, scalability, and environmental stewardship, as AI and cloud workloads continue to reshape global infrastructure needs.
“Metrobloks is building critical infrastructure to drive the next generation of the digital economy,” said Ed Peng, Partner at Canopy Generations Fund. “Their focus on efficient, modular, and metro-centric data centers aligns closely with our belief that private capital can be a catalyst for societal change. We are excited to support the team as they execute on a compelling growth strategy.”
“We are thrilled to deepen our partnership with Canopy Generations Fund and see them as the perfect partner to help propel Metrobloks into its next chapter of growth. Ed’s exceptional background, insight, and leadership will be a powerful addition to our board as he joins us as a new Director,” said P.J. Fielding, Vice Chair of Metrobloks.
Metrobloks’ facilities are designed to support high-density workloads with modular architectures that enable rapid deployment, future-proof scalability, and efficient operations. The company is currently advancing multiple sites at various stages of development and pre-leasing, serving customers across hyperscale, AI, and enterprise segments.
About Metrobloks
Metrobloks develops high-density, low-latency data centers in major metropolitan areas across North America, purpose-built for AI, advanced workloads, and enterprise colocation. With roots in cloud, hyperscale, and large-scale real estate development, Metrobloks delivers modern infrastructure closer to where users live, compute, and interact.
For more information, visit www.metrobloks.com
About Canopy Generations Fund
Canopy Generations Fund is a Los Angeles – Singapore based investment firm focused on backing entrepreneurs, teams, and technologies in the energy transition, digital infrastructure, and climate sectors.
For more information, visit https://canopygen.com/
