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Verda raises $189M in an oversubscribed Series B round led by Emergence Capital to advance its AI cloud and expand compute capacity.
Mark SaroufimOla TørudbakkenTesi (Finnish Industry Investment Ltd)By Founders6 Degrees Capital (6 Dc)Lifeline VenturesVarma Mutual Pension Insurance CompanySupermicroMufg Innovation PartnersEmergence Capital
Description
Verda has raised $189 million in new funding to scale its full-stack AI cloud and expand its compute capacity. The round was led by Emergence Capital and included several investors such as MUFG Innovation Partners and Supermicro. This funding brings Verda’s total to over $450 million, valuing it at over $1 billion. The company plans to use the funds to address the growing demand for AI compute across multiple regions.
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.
Fundz sees it the moment Verda raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
