// HACKER NEWS — CYBERSECURITY
Verda (Finland) raises $189M in Series B
Verda became Europe’s latest unicorn today, raising $189 million in new funding. The oversubscribed Series B was led by Emergence Capital, with MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital (6DC), byFounders, Tesi (Finnish Industry Investment Ltd), and a group of angel investors including Ola Tørudbakken and Mark Saroufim participating. That brings our total funding to date to over $450 million across equity and debt.
"There's a window right now to build one of the defining compute companies of this generation, and to do so from Europe. It won't be open for long." — Ruben Bryon, founder and CEO
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For the last few years, access to capacity has been a procurement problem. Teams negotiated for months, took delivery of a fixed environment, and organized their workload around whatever they'd been allocated. That worked when capacity was scarce and workloads were predictable.
It doesn't anymore. Training runs that once took months of advance planning now need to start on infrastructure that's already there. Production inference, where latency and availability aren't negotiable, needs capacity that shows up when the workload demands it. Agentic workloads raise the bar even more, with context that builds across many turns and demand that comes in bursts, spiking the moment a tool call returns. Deciding how much capacity to get and when, increasingly sits with a handful of engineers, not a procurement team working an annual cycle.
Verda is building the full stack to meet that need. We design and build our own data centers, the infrastructure inside them, and the platform that runs on top, enabling customers to get the capacity how, when, and where they need it, while operating it at a lower carbon footprint than the industry average.This raise deepens all three parts of that stack, with more data center capacity coming online and deeper investment in the platform, the AI Lab, and the features our customers are already using.
Verda now powers AI workloads for organizations across 50+ countries, from early-stage startups to enterprises. We reached a $165 million annualized revenue run rate in July 2026, with a team of over 250 people across Helsinki, London, Taipei, and San Francisco.
Our GPU clusters power Aleph Alpha’s R&D infrastructure, with engineers-in-residence collaborating on the underlying software stack. Magnific serves media generation at millions of requests per day on our infrastructure. Epsilon Health trains its radiology AI models on a dedicated Verda cluster, at native image resolution.
We build our own compilers and serving software, and do our own performance and reliability engineering. Our AI Lab is a dedicated team that runs real research workloads on the platform, working on solving hard engineering problems like improving GPU utilization, inference optimization, and kernel engineering. That work means customers get more out of their infrastructure, and it’s what shapes our product roadmap, as the Lab runs into what needs building before a customer has to ask for it.
"What we didn't expect was a team of engineers who could help us design our own data streaming and cluster management, not just hand us a cluster and walk away." - Arjun Karpur, Head of Machine Learning, Epsilon Health