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Verda (Finland) raises $189M in Series B

Hacker News · securityby cmrdporcupine ()5 min read2 · 1 read
AI summary · grok-4.7Summaries by Vani AI

Finnish AI cloud company Verda raised $189 million in Series B funding and became a European unicorn.

Verda, a Finnish AI cloud company, raised $189 million in an oversubscribed Series B led by Emergence Capital and became a European unicorn. Total funding now exceeds $450 million across equity and debt. It reported a $165 million annualized revenue run rate in July 2026 and more than 250 employees, with workloads from Aleph Alpha, Magnific, and Epsilon Health. Verda plans more than 250 MW of capacity in 2027 and early NVIDIA VR200 NVL72 deployments.

Key facts
  • Emergence Capital led the oversubscribed $189 million Series B.
  • Total funding now exceeds $450 million in equity and debt.
  • July 2026 annualized revenue run rate reached $165 million.
  • More than 250 MW of capacity is planned for 2027.
  • Named customers include Aleph Alpha, Magnific, and Epsilon Health.
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From the original article

5 min read at verda.com

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

Hacker News · security

By cmrdporcupine · verda.com

Read the full article at Hacker News · security

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.