Finnish artificial-intelligence infrastructure company Verda has raised $189 million in a Series B financing round led by Emergence Capital, funding an expansion that spans data centres, cloud software and research into more efficient use of graphics processors. The company says the round values it as a unicorn and takes its total equity and debt funding above $450 million.
Other participants named by Verda include MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, ENDUR, 6 Degrees Capital, byFounders and Tesi, as well as individual investors. The company did not disclose detailed valuation terms in the announcement supplied for the report.
Verda positions itself as a full-stack provider rather than solely a reseller of computing capacity. It designs and builds data centres, operates the infrastructure inside them and develops the platform customers use to provision clusters and run models. The new capital is intended to deepen each layer while increasing capacity in multiple regions.
The company says it currently has live data-centre capacity in Finland and expects to operate more than 250 megawatts during 2027, with further facilities planned in Europe, Britain, the United States and Asia. It also anticipates early deployments of Nvidia's VR200 NVL72 systems in the coming months. Those plans remain forward-looking and will depend on construction, power and hardware delivery.
On the software side, Verda plans to improve the speed of provisioning instances, clusters and storage, while expanding tools for large-scale inference. Its Instant Clusters product now offers preconfigured Kubernetes with Kueue or Slurm through Slinky, and the company says managed Kubernetes and S3-compatible object storage are on its roadmap. Recent enterprise additions include audit logs, single sign-on for identity management and confidential-computing configurations using eight Nvidia HGX B300 or B200 accelerators.
Verda reported a $165 million annualised revenue run rate in July 2026 and a workforce of more than 250 across Helsinki, London, Taipei and San Francisco. It says customers in more than 50 countries use its infrastructure. Named examples include Aleph Alpha for research computing, Magnific for media generation and Epsilon Health for training radiology models. These operating and customer figures come from the company's funding announcement and have not been independently audited in the supplied evidence.
Part of the investment will support Verda's AI Lab, an internal group working on GPU utilisation, inference optimisation and kernel engineering. The company says the lab tests real research workloads so that infrastructure design and product development reflect problems customers encounter in practice.
The round gives Verda substantial capital to pursue a European-based alternative in a market dominated by global cloud providers. Its next test will be turning ambitious capacity and product plans into dependable infrastructure while demand for AI training and inference continues to change rapidly.
