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Verda raises $117M in a funding round led by Lifeline Ventures to enhance its AI cloud infrastructure for cleaner hyperscaling.

PRIVATEApr 24, 2026

Amount Raised

$117 Million

Round Type

Funding Round

EnergyArtificial IntelligenceRenewable EnergyCloud InfrastructureCloud Computing

Investors

TesiVarmaByfoundersLifeline Ventures

Description

Finnish startup Verda has raised $117 million to accelerate growth in AI cloud infrastructure. The funding round was led by Lifeline Ventures, with participation from byFounders, Tesi, and Varma. Verda aims to improve its offerings and expand into the UK, US, and Asia. The investment aims to bolster its unique position in the competitive GPU cloud market.

Quick answer

Verda raised $117 Million in a Funding Round round, dated April 24, 2026. Investors: Tesi, Varma, Byfounders and Lifeline Ventures.

How much did Verda raise?
Verda raised $117 Million in a Funding Round round on April 24, 2026.
Who invested in Verda?
Tesi, Varma, Byfounders and Lifeline Ventures are named as investors in this round.
What does Verda do?
Verda is an AI cloud infrastructure company based in Helsinki, focused on vertical integration and providing a cleaner alternative to traditional GPU cloud services.
Who are the decision-makers at Verda?
Fundz holds 1 contact at Verda, including the Head of Datacenter Construction. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Verda that raised within 45 days of this round, from Fundz verified event records.

  • StratusGrid raised $3M (Seed) on June 2, 2026.
  • Invertix raised $2M (Pre-Seed) on May 29, 2026.
  • Pure Data Centres Group raised $2.7B (Debt Financing) on May 27, 2026.
  • Shatterdome Energy raised $3.5M (Pre-Seed) on May 21, 2026.
  • Invertix SRL raised $2M (Pre-Seed) on May 19, 2026.
  • Visionary raised $576K (Seed) on May 13, 2026.

Who to call at Verda, and when

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Company Information

Company

Verda

About

Verda is an AI cloud infrastructure company based in Helsinki, focused on vertical integration and providing a cleaner alternative to traditional GPU cloud services. Founded in 2020, it manages its own servers, data centers, networking, and AI tools, all powered by renewable energy. Verda's profitability, commitment to clean energy, and European data sovereignty distinguish it from other cloud providers. It has established itself as a preferred partner of NVIDIA and serves clients like Nokia and ExpressVPN.

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Related People

1 contact
Verified contactsMichael H., Head of Datacenter ConstructionSee plans and pricing
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Verda raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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