Helsinki’s Verda becomes Europe’s latest unicorn after raising €164.8 million to scale its full-stack AI cloud
Confirmed by independent reporting: at least two independent news organisations reported this. It has not been officially confirmed by the organisations involved.
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What happened
Verda (formerly DataCrunch), a Helsinki-based AI infrastructure company, announced today that it has raised €164.8 million ($189 million) in fresh funding to scale its full-stack AI cloud. With this funding, the company has become Europe’s latest unicorn.
The financing contains an oversubscribed Series B led by Emergence Capital, plus additional investment. Investors participating in the financing include MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital (6DC), byFounders, Tesi (Finnish Industry Investment Ltd).
“AI is becoming critical infrastructure across industries, and the next few years are a pivotal window for Europe. Founded in 2020 by Bryon, Verda is a full-stack AI cloud company that claims to manage everything from physical data centres and hardware to the cloud platform and AI research.
Key facts
- Verda (formerly DataCrunch), a Helsinki-based AI infrastructure company, — announced: today that it has raised €164.8 million ($189 million) in fresh funding to scale its full-stack AI cloud
- The financing — includes: an oversubscribed Series B led by Emergence Capital, plus additional investment
Sources & evidence
- Tech.eu Reporting source
Verda raises $189M to advance its AI cloud and expand compute capacity ↗
https://tech.eu/2026/09/22/verda-raises-189m-to-advance-its-ai-cloud-and-expand-compute-capacity/ - EU-Startups Reporting source
Helsinki’s Verda becomes Europe’s latest unicorn after raising €164.8 million to scale its full-stack AI cloud ↗
https://www.eu-startups.com/2026/09/helsinkis-verda-becomes-europes-latest-unicorn-after-raising-e164-8-million-to-scale-its-full-stack-ai-cloud/