Verda Raises $189M in Round Led by Emergence Capital to Expand Its AI Cloud

Verda raises $189M in round led by Emergence Capital to expand its AI cloud

Helsinki AI cloud company Verda has raised $189M in a round led by Emergence Capital and says it is now valued at $1B or more.

European neocloud Verda raises $189M to build the AI infrastructure of tomorrow

Helsinki, Finland-based neocloud outfit Verda Cloud Oy, formerly DataCrunch, today announced it raised $189 million in early-stage funding to expand its artificial intelligence cloud infrastructure, from AI compute capacity to platform services. Emergence Capital led the Series B round, with additional investments from MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 […]

AI infrastructure: Verda Reaches Unicorn Status

AI infrastructure company Verda has achieved unicorn status following a successful $189 million funding round. This development highlights the growing demand for AI cloud solutions. Table of Contents Key Facts About AI Infrastructure What AI Infrastructure Means Why AI Infrastructure Matters What Happens Next Key Facts About AI Infrastructure Verda, an AI infrastructure company, has […]

Helsinki’s Verda becomes Europe’s latest unicorn after raising €164.8 million to scale its full-stack AI cloud

Verda (formerly DataCrunch), a Helsinki-based AI infrastructure company, announced today that it has raised €164.8 million ($189 million) in fresh funding to scale its full-stack AI cloud. With this funding, the company has become Europe’s latest unicorn.  The financing includes an oversubscribed Series B led by Emergence Capital, plus additional investment. Investors participating in the […]

Verda raises $189M to advance its AI cloud and expand compute capacity

Europeantechnology company Verda has raised $189 million in new funding to scale itsfull-stack AI cloud and expand its compute capacity. The financing includes anoversubscribed Series B led by Emergen...

Verda raises $189M to expand AI cloud infrastructure across Europe and beyond

Helsinki-based Verda raised $155M in extended funding to scale its renewable-powered AI cloud infrastructure across Europe, the UK, US, and Asia.