Finnish Industry Investment Oy joins Verda’s EUR 163 million Series B funding round led by Emergence Capital

By Public Technologies
  • Verda raised EUR 163 million to scale its full-stack AI cloud platform and expand high-performance computing capacity.
  • The oversubscribed Series B was led by Emergence Capital, with Finnish Industry Investment Oy participating.
  • Helsinki-based Verda, founded in 2020, provides on-demand AI infrastructure spanning compute, cloud services, and AI research.
  • Funding lifted Verda to unicorn status, supporting global expansion and faster product development for AI teams and enterprise customers.
  • Verda reported an annualized revenue run rate of USD 165 million, with new offices in London and San Francisco.


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