Verda (Finland) raises $189M in Series B
2 hours ago
- Verda raised $189 million in Series B funding, becoming a unicorn with total funding over $450 million.
- The company aims to build a defining compute company from Europe, led by CEO Ruben Bryon.
- Verda is building a full-stack AI cloud, including data centers, infrastructure, and platform, with a focus on low carbon footprint.
- Customers across 50+ countries use Verda for AI workloads, reaching $165 million annualized revenue run rate.
- Key customers include Aleph Alpha, Magnific, and Epsilon Health, who use Verda for various AI applications.
- Verda's AI Lab works on the platform to solve engineering challenges and shapes the product roadmap.
- Future plans include expanding capacity to over 250 MW by 2027, early deployment of NVIDIA VR200 NVL72, and investment in inference at scale.
- The company is improving provisioning speed, adding features like managed Kubernetes and S3-compatible storage, and enhancing enterprise readiness with security certifications.
- Engineering depth and developer experience are priorities, with investments in AI Lab, co-research, and multiple interfaces (UI, CLI, API).