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714 Helsinki-based AI infrastructure company Verda raises €100 million, plans to hire 100+ people by year-end

EU-Startups
Rahul Raj @ EU-Startups · 04/24/2026 03:00 EDT

Helsinki-based AI infrastructure company Verda raises €100 million, plans to hire 100+ people by year-end

Verda (formerly DataCrunch), a Helsinki-based AI infrastructure company, has raised €100 million ($117 million) in new funding to develop its AI cloud infrastructure and international expansion. 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. “We’re ...

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