Sphere 3D

company 1 Deal 1 Partner

Toronto-based technology company focused on digital infrastructure, particularly data centers and GPU-accelerated computing for AI workloads. Owns and operates data center assets across North America through subsidiaries, with a strategic pivot toward high-performance computing and sustainable operations.

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Founded 1995 150 employees

Technology CompanyDeveloperOperator

Strategic Overview

Strategic focus on acquiring and optimizing mid-sized data centers for conversion into GPU-accelerated computing hubs targeting AI and machine learning markets.
Emphasis on sustainable data center operations with investments in energy efficiency and renewable energy integration across U.S. facilities.

Deal History (1)

Sphere 3D to acquire Cathedra Bitcoin in all-stock deal, expanding data center and crypto mining operations

Buyer Data Center United States Mar 20, 2026

Investment Focus

Technologies

Data Center1

Geography

United States1

Key People

Anthony Martino

Chief Executive Officer

Michael Foust

Chief Financial Officer

Track Record

Years Active

Detailed Analysis

Sectors

Digital/TelecomUtilities

Geographies

North America (3 deals)United States (3 deals)Canada (1 deal)

Deal Stage

BrownfieldOperating

Deal Structure

AcquisitionAsset Optimization

Subsidiaries

Data FoundryGreen House DataPacGenesis

Portfolio Companies

Data Foundry — datacenterGreen House Data — datacenterPacGenesis — datacenter

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