HeadlinesBriefing favicon HeadlinesBriefing.com

Verda raises $189 million to expand its AI cloud

Hacker News •
×

Verda became Europe’s latest unicorn today, raising $189 million in an oversubscribed Series B led by Emergence Capital, with MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital (6DC), by Founders, Tesi (Finnish Industry Investment Ltd), and angel investors including Ola Tørudbakken and Mark Saroufim participating. Total funding now exceeds $450 million.

"There's a window right now to build one of the defining compute companies of this generation, and to do so from Europe. It won't be open for long." — Ruben Bryon, founder and CEO

Verda designs and builds its own data centers, infrastructure, and platform, giving customers capacity how, when, and where they need it at a lower carbon footprint than the industry average. The raise expands data center capacity and investment in the platform and AI Lab.

Verda powers AI workloads across 50+ countries, reaching a $165 million annualized revenue run rate in July 2026 with over 250 people across Helsinki, London, Taipei, and San Francisco. Its GPU clusters power Aleph Alpha’s R&D infrastructure, Magnific serves millions of media-generation requests daily, and Epsilon Health trains radiology AI models on a dedicated Verda cluster.

Verda plans more than 250 MW of operations in 2027, with capacity in Finland and more coming online in Europe, the UK, the US and Asia. Early deployments of NVIDIA VR200 NVL72 are anticipated.