Verda (Finland) raises $189M in Series B
Summary
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, and angel investors, bringing total funding to over $450 million. The company intends to expand data center capacity, invest in its AI Lab, and improve enterprise features such as Audit Logs and SSO, while increasing capacity across Europe, the UK, the US, and Asia.