Finnish AI cloud Verda raises $189M Series B led by Emergence Capital

Helsinki-based Verda, formerly called DataCrunch, raised a $189M Series B led by Emergence Capital. The company says the round values it at over $1B. It runs its own data centers and an inference-focused AI cloud.

Helsinki-based Verda, formerly called DataCrunch, raised a $189M Series B led by Emergence Capital. The company says the round values it at over $1B. It runs its own data centers and an inference-focused AI cloud. (tech.eu; The Next Web)

Others in the round include MUFG Innovation Partners, Supermicro, Varma, Lifeline Ventures, 6 Degrees Capital, byFounders and the Finnish state investor Tesi. CEO Ruben Bryon said he wants to "build the first true tech company in Europe." (tech.eu; The Next Web)