💻 Technology 6h ago · Cate Lawrence

Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power

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Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power
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Helsinki-based AI infrastructure company Verda (formerly DataCrunch ) has raised $117 million in new funding. The round comprises equity funding led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and other investors, alongside debt financing from a group of Nordic financial institutions.
Founded in 2020, Verda is building AI cloud infrastructure that allows developers and organisations to access high-performance compute on demand and at scale without the friction of tradi

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