Dallas, TX — 9/19/2025 — GridSite Technology, the platform bridging landowners, compute operators, and investors to deploy modular and edge AI data centers, today announced it has secured a $3.5 million pre-seed investment from PrecisionX Technology (PXT).
Since inception, PXT has been deeply involved in GridSite Technology's early development — contributing to intellectual property creation, funding payroll and office operations, and covering initial operating expenses. With this strategic backing, GridSite Technology has grown from a five-person founding team in early 2025 to a 15-person engineering and operations group today, positioning the company to rapidly scale its platform and market presence.
"PrecisionX has been more than just a capital partner — they've been foundational to GridSite Technology's DNA," said Matt Martin, Founder and CEO of GridSite Technology. "Together we've developed proprietary infrastructure frameworks and marketplace technology that prove modular and edge sites can be financed, built, and operated as a mainstream asset class."
What GridSite Technology Is Building
GridSite Technology is designed as a three-pillar platform that solves the hardest coordination problems in AI infrastructure: matching land, compute, and capital.
GridSite Technology Marketplace
A digital exchange where landowners can list qualified sites (greenfield parcels, retrofit opportunities, or container-ready pads). Listings include zoning, power availability, and fiber access. Compute operators use the platform to discover deployment-ready locations, and investors can evaluate deal-ready assets. Marketplace economics are driven by listing fees, facilitation fees, and ROFR triggers into the Fund.
ComputeComplete
GridSite Technology's vendor network and services layer. This includes EPC contractors, engineering firms, fiber providers, cooling specialists, and OEM partners. Vendors are qualified, listed, and matched to projects through GridSite Technology's workflow tools. ComputeComplete allows site developers and operators to move from diligence to buildout faster, with standardized pricing sheets, RFP automation, and coordination support.
GridSite Technology Fund
(GP/LP structure) — a dedicated capital vehicle with right-of-first-refusal (ROFR) on Marketplace-listed properties. The Fund enables investors to participate in container sites, retrofits, and greenfield campuses with professionalized underwriting, cashflow waterfalls, and defined exit strategies. By linking the Fund directly to the Marketplace, GridSite Technology ensures that capital and deal flow are seamlessly aligned.
Strategic Vision
"The pre-seed investment will accelerate the launch of our Marketplace and ComputeComplete ecosystem, while enabling the Fund to begin capitalizing the first edge and modular sites," said Jake Mertel, President of GridSite Technology. "GridSite Technology is attacking one of the hardest problems in AI infrastructure: aligning real estate, compute, and capital in a scalable model. This is more than a marketplace — it's an operating system for the next generation of data centers."
GridSite Technology plans to expand its platform ecosystem, onboard its first cohort of containerized and retrofit data center projects, and grow its team further in 2025 and 2026.
About GridSite Technology
GridSite Technology is a next-generation platform for distributed data infrastructure, connecting landowners, compute operators, and investors to deploy modular and edge AI data centers. Through its three pillars — Marketplace for site listings, ComputeComplete for vendor execution, and the GridSite Technology Fund for capital deployment — GridSite Technology streamlines the entire lifecycle from site qualification to operations.