Europe’s race to build large scale AI infrastructure is entering a new phase, with Helsinki based Verda securing $189 million to expand the computing capacity behind its cloud platform. The company is combining data centre infrastructure, high performance hardware, cloud software and AI research into a single stack, aiming to give AI companies faster access to the computing resources needed for training, inference and deployment.
Major funding round
The new financing includes an oversubscribed Series B led by Emergence Capital, alongside additional investment. Participants include MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital, byFounders and Tesi, together with angel investors from the technology sector.
The latest financing brings Verda’s total funding to more than $450 million, according to the company. The company also says the new investment values it at more than $1 billion.
The funding comes as demand for AI computing continues to increase across startups, enterprises and research organisations. Verda intends to use the capital to increase compute availability, expand its platform and accelerate international growth.
Building a full stack AI cloud
Founded in Helsinki in 2020, Verda operates a vertically integrated AI cloud. The company controls infrastructure across data centres, computing hardware and cloud services, rather than relying entirely on third party infrastructure.
Its platform is designed to support the complete AI lifecycle, from early experimentation and rapid prototyping to large scale model training and production inference. Verda currently offers GPU instances, instant multi node clusters, serverless containers and storage through its cloud platform.
The company also provides access to advanced NVIDIA hardware, including GB300, B300, B200, H200, H100 and A100 systems. Its instant clusters can be provisioned for multi GPU workloads, allowing AI teams to move from individual experiments to larger computing environments without building their own infrastructure.
Focus on speed and flexibility
Verda’s model is built around on demand access to computing capacity. Customers can use pay as you go infrastructure without committing to long term contracts, while reserved options are available for organisations that need predictable capacity.
The company says its vertically integrated approach is intended to provide greater control over cost, performance and reliability. Its infrastructure is also designed specifically around AI workloads, with technologies such as NVLink and InfiniBand supporting large scale computing environments.
Renewable infrastructure
Energy efficiency is another part of Verda’s strategy. The company says its AI cloud is powered by renewable energy, with its Finnish data centres using hydroelectric and wind power. Its Helsinki facilities report power usage effectiveness ratings as low as 1.2.
Verda positions renewable energy as part of its broader objective to reduce the environmental impact of AI computing. The company says its infrastructure is built around European security and sustainability standards while serving customers globally.
Expanding beyond Finland
Verda has grown rapidly since its launch. The company began as a self service GPU cloud in Helsinki and later expanded into a broader AI infrastructure provider. In 2025, DataCrunch rebranded as Verda and raised a $64 million Series A while becoming an NVIDIA Preferred Partner.
In 2026, Verda opened offices in London and San Francisco and expanded its presence across Europe, the United States and Asia. The company now has more than 200 employees and says it serves over 1,000 companies across more than 50 markets.
Scaling compute for the AI economy
Verda plans to use the new funding to accelerate development across every layer of its AI cloud, with a particular focus on expanding compute capacity and strengthening inference capabilities.
Founder and CEO Ruben Bryon has described AI as increasingly important infrastructure for businesses across industries. Verda’s strategy is to build a European technology company around that infrastructure while expanding access to high performance computing worldwide.
With its latest financing, Verda is moving into its next phase of expansion, seeking to increase available compute, develop more AI focused cloud services and strengthen its position as demand for AI infrastructure continues to grow.
