Helsinki-Based AI Infrastructure Firm Verda Raises €100M, Plans 100+ Hires by Year-End

The round includes equity investment led by Lifeline Ventures, with participation from byFounders, Tesi, Varma, and other investors, along with debt financing provided by a group of Nordic financial institutions.

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“We’re building the next generation of AI cloud infrastructure for pioneering teams across the globe. This funding allows us to double down on development and accelerate our expansion across Europe, the US and Asia. We’re seeing very strong momentum and we’re excited for what’s ahead,” said Ruben Bryon, founder and CEO of Verda.

Founded in 2020 by Ruben Bryon, Verda is developing an AI cloud infrastructure that enables developers and organisations to access high-performance computing on demand and at scale, without the complexities of traditional cloud procurement.

The company manages the entire stack from physical servers and data centres to the tools and services needed to build AI applications. Its data centres in Finland operate on 100% renewable energy, leveraging the Nordics’ strengths in clean power and efficient cooling.

Last year, in November, DataCrunch rebranded to Verda. “The name Verda is derived from the Spanish word for ‘true’ and the Esperanto word for ‘green’. The name change symbolises and reinforces our values of technological integrity and sustainable innovation,” mentioned the company.

Explaining its advantage over traditional hyperscalers, Verda says it simplifies access to production-grade GPU resources, offering greater availability of AI-optimised systems such as HGX servers at competitive pricing. The company highlights that users can start running AI workloads without typical sales delays or procurement hurdles, while benefiting from a developer-first experience through its cloud dashboard and APIs. In many cases, Verda claims customers can achieve cost savings of up to 90% compared to hyperscalers.

Verda also reports that it is already cash flow positive, with its revenue run rate doubling to more than €51.3 million ($60 million) in the first quarter of 2026. The company is part of a select group of NVIDIA Preferred Partners globally and works with organisations including Nokia, 1X, ExpressVPN, and Freepik.

“A big part of our success comes from being vertically integrated, handling everything from physical infrastructure to the application layer. We have a dedicated AI Lab team that works directly with customers and uses those insights to drive our product decisions. We’re proud of what we’ve built so far, but we know we’re only just getting started,” Bryon added.

With this new funding, the company plans to speed up the development of its AI cloud infrastructure and expand internationally. It aims to hire more than 100 employees and enter new markets this year, including the UK and the US, to meet rising demand.

Previously, the company raised €55 million in a Series A round in September last year, led by byFounders, Skaala, Varma pension fund, and Tesi. In 2024, it also secured €12 million in seed funding.

About Verda

Verda is an AI infrastructure company based in Helsinki that provides powerful cloud computing services for developers and businesses building artificial intelligence applications. Founded in 2020 (earlier known as DataCrunch), it gives access to scalable GPU computing and manages everything from servers and data centres to developer tools. The company aims to make AI computing easier and more affordable compared to traditional cloud providers. It offers a simple, developer-friendly platform where users can quickly launch AI workloads using APIs and cloud dashboards. Verda’s data centres in Finland run entirely on renewable energy, benefiting from clean electricity and efficient cooling. The company works with clients across different industries, is expanding globally, and collaborates with partners like NVIDIA and other major tech firms.