Helsinki-based AI cloud infrastructure startup Verda has reached a $100 million annualized revenue run rate just two months after raising $117 million in funding, bringing its total capital raised to around $200 million. The round was backed by existing and new investors including Lifeline Ventures, byFounders, J12 Ventures, Skaala, Varma and Tesi, alongside financial institutions. Verda (formerly DataCrunch) provides on-demand AI cloud infrastructure, giving developers and enterprises instant access to high-performance GPU compute while operating its own renewable energy-powered data centers in Finland. The fresh capital is supporting the company’s international expansion across Europe, the US and Asia, including plans to double its workforce in 2026, expand its infrastructure footprint and further develop its AI-native cloud platform for growing enterprise demand.
Founded in 2020 in Helsinki, Verda builds the next-generation cloud infrastructure for AI. It gives AI teams instant access to high-performance compute at scale, without the friction of traditional procurement. Verda operates end-to-end, from data centers to the tools AI teams use for their work. The company also has an in-house AI Lab that shapes Verda’s product development based on real-world use cases.
The company’s customers include the likes of 1X, ExpressVPN and Freepik. Verda operates data centers in Finland powered by 100% renewable energy and recently opened a London office, with further expansion planned across Europe, the US and Asia. It is one of a select group of NVIDIA Preferred Partners globally.
Ruben Bryon, Founder and CEO of Verda, said: “AI is becoming critical infrastructure, and developers and AI teams increasingly need instant, on-demand access to high-performance compute without traditional procurement cycles. This will become even more important as agents autonomously determine how much compute they need and for how long. We’re seeing this transition happen in real time, and we’re going to continue building and scaling to empower pioneering teams around the world.”
Read the orginal article: https://arcticstartup.com/verda-raises-100-million/
