As artificial intelligence reshapes industries at unprecedented speed, the demand for powerful and accessible computing infrastructure is reaching new heights. Verda, formerly known as DataCrunch, is stepping up to meet this demand, securing $117 million in new funding to expand its AI cloud platform and accelerate global growth.
Major Funding to Fuel Expansion
The funding round includes both equity and debt components, reflecting strong investor confidence in Verda’s business model. The equity portion was led by Lifeline Ventures, with participation from byFounders, Tesi, Varma, and other investors.
In addition, a group of Nordic financial institutions provided debt financing, enabling the company to scale its infrastructure more rapidly and efficiently.
Building the Backbone of AI Development
Founded in 2020, Verda is focused on creating a new generation of AI cloud infrastructure that simplifies access to high performance computing. The platform allows developers and organisations to tap into powerful compute resources on demand, without the complexities often associated with traditional cloud procurement.
By managing everything from physical servers and data centres to software tools and services, Verda offers a fully integrated solution tailored for AI workloads. This vertical integration enables faster deployment, improved performance, and a more seamless user experience.
Sustainable Infrastructure at Scale
One of Verda’s defining features is its commitment to sustainability. Its data centres in Finland operate entirely on renewable energy, taking advantage of the region’s abundant clean electricity and natural cooling conditions.
This approach not only reduces environmental impact but also improves operational efficiency, making it an attractive option for organisations seeking sustainable computing solutions.
Strong Growth and Market Traction
Verda has already demonstrated significant momentum, with its operations reaching cash flow positivity and its revenue run rate surpassing $60 million in early 2026. The company’s growth reflects increasing demand for AI focused infrastructure that can handle the scale and complexity of modern applications.
It has also established partnerships with leading organisations, including Nokia, ExpressVPN, and Freepik, further validating its position in the market.
Leveraging Strategic Partnerships
Verda is among a select group of companies recognised as a preferred partner by NVIDIA, a key player in AI hardware. This partnership enhances Verda’s ability to deliver high performance computing solutions and stay at the forefront of technological advancements.
The company’s dedicated AI Lab team works closely with customers, using real world insights to refine its products and ensure they meet evolving industry needs.
Expanding Globally
With the new funding, Verda plans to accelerate its international expansion, targeting key markets in Europe, the United States, and Asia. The company is also preparing to launch operations in the United Kingdom and the United States, responding to growing global demand for AI infrastructure.
To support this growth, Verda intends to hire more than 100 new employees, strengthening its capabilities across engineering, operations, and customer support.
Shaping the Future of AI Infrastructure
As AI continues to drive innovation across sectors, the need for scalable and efficient infrastructure will only increase. Verda’s approach, combining vertical integration, sustainability, and customer focused design, positions it as a key player in this evolving landscape.
With strong financial backing and a clear vision, the company is working to build the foundation for the next wave of AI development, enabling organisations worldwide to harness the full potential of artificial intelligence.