VEIR raised $75M in a Series B led by Munich Re Ventures to accelerate commercialization of superconducting solutions for data centers and power lines.
Amount Raised
$75 Million
Round Type
Series B
WoburnOtherEnergyInvestors
Description
VEIR has successfully closed an oversubscribed $75 million Series B funding round, aimed at enhancing its innovative superconducting power delivery solutions. The investment will support the commercialization efforts for serving data centers, utilities, and renewable energy developers.
Quick answer
VEIR raised $75 Million in a Series B round, dated January 28, 2025. Investors: Munich Re Ventures. VEIR is based in Woburn, Massachusetts, United States.
- How much did VEIR raise?
- VEIR raised $75 Million in a Series B round on January 28, 2025.
- Who invested in VEIR?
- Munich Re Ventures is named as investors in this round.
- What does VEIR do?
- VEIR’s mission is to revolutionize the future of power and data infrastructure by delivering superconducting solutions that drive unparalleled performance in AI-driven data centers and empower utilities to deliver..
- Where is VEIR based and how big is it?
- VEIR is based in Woburn, Massachusetts, United States. Fundz records about 46 employees.
- Who are the decision-makers at VEIR?
- Fundz holds 1 contact at VEIR. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy around the same time
Companies in the same sectors as VEIR that raised within 45 days of this round, from Fundz verified event records.
- Spire raised $40M on March 14, 2025.
- Catalyze raised $400M (Funding Round) on March 14, 2025.
- Terabase Energy raised $130M (Series C) on March 14, 2025.
- DirectH2 raised an undisclosed amount (Seed) on March 13, 2025.
- MoirAI Cloud raised $1M (Pre-Seed) on March 13, 2025.
- Dynamic Grid raised $1.1M (Seed) on March 13, 2025.
Who to call at VEIR, and when
A new round usually means VEIR is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day VEIR raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at VEIR, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at VEIR. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment VEIR raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansVEIR raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.