Verda (Finland) raises $189M in Series B

Access to more advanced GPU hardware like NVIDIA VR200 NVL72 becomes available, potentially increasing AI training and inference speeds.

Verda, a Finnish AI cloud infrastructure provider, has secured $189 million in Series B funding, bringing its total funding to over $450 million. The round was led by Emergence Capital and included participation from MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital, byFounders, Tesi, and several angel investors. The company plans to use the new capital to expand its data center capacity, invest further in its platform, AI Lab, and customer-facing features, and enhance its GPU offerings. Verda reported an annualized revenue run rate of $165 million as of July 2026 and operates with a team of over 250 people across multiple international locations. The funding aims to solidify Verda's position in the AI compute market by providing scalable and efficient infrastructure for AI workloads.

Verda's substantial Series B funding indicates a strong market demand for specialized AI cloud infrastructure, particularly from European providers aiming to challenge established players. The company's strategy of building its own data centers and infrastructure, coupled with ongoing investment in an AI Lab for deep R&D, suggests a move towards a more integrated and performance-optimized offering. This approach, focusing on custom hardware and software stacks, aims to provide customers with greater control and efficiency for demanding AI workloads, from rapid prototyping to large-scale inference.

The significant capital infusion positions Verda to scale its operations rapidly, with plans for expanded data center capacity across multiple continents. The company's focus on enterprise readiness, including enhanced security, compliance certifications, and confidential computing capabilities, addresses critical adoption barriers for larger organizations. By developing proprietary compilers, serving software, and direct R&D on the platform, Verda aims to differentiate itself by offering not just raw compute, but a deeply engineered solution that optimizes GPU utilization and inference performance for evolving AI use cases.