Verda Becomes Europe's Latest Unicorn with $189M Funding Boost!
Hamid Siddiqui
News
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Helsinki-based AI cloud company Verda, formerly DataCrunch, secured $189 million in a Series B round, making it Europe’s newest unicorn. The oversubscribed funding, led by Emergence Capital, will enhance Verda’s computing capabilities and support its AI platform development. With a projected revenue run rate of $165 million, Verda aims to expand globally and reduce the carbon footprint of computing.