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Verda has raised $189 million (€163 million) in the latest funding round led by Emergence Capital. This brings Verda's total funding to over $450M (€390M).
Former Morgan Stanley banker and Nokia Head of Corporate Development joins Verda as the company scales its global AI infrastructure platform.
The Nordic Investment Bank joined Verda’s funding round in July 2026. Additional funding in September 2026 brought Verda’s total funding to over $450M (€390M).
Verda is a European tech company building sovereign and sustainable infrastructure for frontier AI. Headquartered in Helsinki, the company employs 200+ people from 40+ nationalities and has raised $450M in total funding from investors including Lifeline Ventures, byFounders, J12 Ventures, Skaala, Varma, and Tesi.
200 +
People globally
3 x
Offices globally
$ 100 M
Revenue run rate in H1 2026
$ 450 M
Raised to date
Our path to becoming a global AI leader and Europe's next success story
Ruben launched a self-serve GPU cloud from his garage in Helsinki, joined by Miłosz and Tamir. Cashflow positive within weeks.
DataCrunch closed $13M in seed funding to expand in-house AI lab and platform capabilities, meeting the surging demand for GPU compute.
DataCrunch became Verda and raised $64M in Series A while earning the exclusive status of the NVIDIA Preferred Partner.
Verda opened offices in London and San Francisco, reached the $100M revenue run rate milestone, and grew to 200+ team members.
Verda has raised an additional $189M in funding to accelerate AI cloud development and multiply compute capacity.
Verda's mission is to redefine the future of AI as we continue to grow exponentially and win trust of the world's leading organizations.
Jani Hellström
Head of Comms
