Verda

Summary active Updated Apr 24, 2026

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Location Helsinki, Finland
Founded 2020
Latest Stage Growth
Total Raised ~$200M
Website https://verda.com
Sector
ai-infrastructure cloud-computing gpu deep-tech

Founders

Ruben Bryon Founder & CEO

About

Verda (formerly DataCrunch) is a Helsinki-based AI cloud infrastructure company building what it describes as Europe’s first AI cloud hyperscaler 12. The company offers on-demand GPU clusters, serverless inference, and AI model hosting powered by 100% renewable energy from the Nordics 2. Verda rebranded from DataCrunch in November 2025 and operates data center capacity in Finland and Iceland, with additional offices in London and San Francisco 2. The company reported that its revenue run rate doubled to over $60M in Q1 2026 and that it is cash flow positive 1. With the April 2026 financing, Verda plans to hire 100+ employees by year-end 2026 13.

Funding History

Date Round Amount Lead Co-investors
2026-04-24 Growth $117M (~€100M) Lifeline Ventures byFounders, Tesi, Varma 13
2025-09-08 Series A $64M (~€55M) byFounders, Skaala, Varma, Tesi J12 Ventures; Nordea, Armada Credit Partners, Danske Bank, Norion Bank, LocalTapiola (debt) 45
2023 Seed $13M — — 6

What Investors Say

No independently sourced investor quotes found.

What Founders Say

No independently sourced founder quotes found.

Sources

  1. Verda blog, “Verda raises $117M to build the next generation of AI cloud infrastructure,” April 24, 2026. Accessed April 2026. https://verda.com/blog/verda-raises-117m-funding↩↩↩↩

  2. Verda, “Company,” accessed April 2026. https://verda.com/company↩↩↩

  3. EU-Startups, “Helsinki-based AI infrastructure company Verda raises €100 million, plans to hire 100+ people by year-end,” April 24, 2026. Accessed April 2026. https://www.eu-startups.com/2026/04/helsinki-based-ai-infrastructure-company-verda-raises-e100-million-plans-to-hire-100-people-by-year-end/↩↩

  4. Verda blog, “Verda raises $64M in Series A,” September 8, 2025. Accessed April 2026. https://verda.com/blog/verda-formerly-datacrunch-usd64m-series-a-funding↩

  5. Tesi, “DataCrunch announces EUR 55 million Series A round,” September 2025. Accessed April 2026. https://tesi.fi/en/news-item/datacrunch-series-a-round/↩

  6. Verda blog, “Verda secures $13 million seed round to transform AI computing.” Accessed April 2026. https://verda.com/blog/verda-formerly-datacrunch-usd13-million-seed-funding↩