Finnish startup Verda raises €163M to scale full-stack AI cloud
The funding allows the Helsinki-based company to accelerate product development across all layers of its AI cloud, from compute capacity to platform services for frontier AI teams in the agentic era.
Helsinki-based technology startup Verda has announced it has raised EUR 163 million in new funding to scale its full-stack AI cloud.
The financing includes an oversubscribed Series B led by Emergence Capital, plus additional investment. Investors participating in the financing include MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, ENDUR, 6 Degrees Capital (6DC), byFounders, Tesi (Finnish Industry Investment Ltd), and a group of angel investors including Ola Tørudbakken and Mark Saroufim (Core Automation and GPU MODE), Verda said in a press release.
The new funding allows Verda to accelerate product development across all layers of its AI cloud, from compute capacity to platform services for frontier AI teams in the agentic era. Verda will invest in areas including inference and plans to multiply its compute capacity over the next year, the Finnish company said.
“AI is becoming critical infrastructure across industries, and the next few years are a pivotal window for Europe. Our north star is to build the first true tech company in Europe, with AI infrastructure as the starting foundation, and to bring down the carbon footprint of compute worldwide,” said Ruben Bryon, Verda’s founder and CEO. “We’re proud of our progress but are a long way from being done.”
Verda recently opened offices in London and San Francisco, and has plans for further expansion across Europe, the United States and Asia.
“Demand for AI compute is insatiable, and the gap between demand and supply is growing,” said Joe Floyd, General Partner at Emergence Capital. “Verda is moving quickly to secure and scale capacity, with the technology, ambition, and momentum to become a defining AI infrastructure company.”
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