Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power

Tech.eu / 4/24/2026

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Key Points

  • Verda, a Helsinki-based AI infrastructure company (formerly DataCrunch), raised $117M to expand its AI cloud infrastructure.
  • The company plans to scale high-performance compute capacity by leveraging clean Nordic power for its operations.
  • Verda intends to hire 100+ staff and expand into new regions, including the UK and the US.
  • The funding round was led by Lifeline Ventures, with additional participation from other investors mentioned in the article.
Helsinki-based AI infrastructure company Verda (formerly DataCrunch ) has raised $117 million in new funding. The round comprises equity funding led by Lifeline Ventures with participation from byFoun...

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