Helsinki-based Verda, formerly DataCrunch, raised 117 million USD in new funding. The round includes equity funding led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and other investors, alongside debt financing from a group of Nordic financial institutions. The company will use the funding to accelerate development of its AI cloud infrastructure and expand internationally, including launches in the UK and the US, while hiring over 100 people.
About Verda
AI cloud infrastructure company built on clean Nordic power.
"", Finland
Read Company ProfileFrequently Asked Questions
What type of funding round did Verda raise?
Verda raised a unspecified round.
How much did Verda raise in its unspecified?
Verda raised $117,000,000 USD in its unspecified.
When did Verda raise its unspecified?
Verda raised its unspecified on 2026-04-24.
Who invested in Verda's unspecified?
The investors in Verda's unspecified are: Lifeline Ventures, ByFounders, Tesi, Varma, a group of Nordic financial institutions.
What type of investment was Verda's unspecified?
Verda's unspecified was a equity investment.
How will Verda use the funds from its unspecified?
Verda plans to use the funds for: accelerate the development of AI cloud infrastructure, international expansion, hire over 100 people, launch in new markets including the UK and the US.