Finnish startup Verda raises €163M to scale full-stack AI

Finnish startup Verda has raised 163 million euros in new financing, including an oversubscribed Series B led by Emergence Capital. Other participants in the round include MUFG Innovation Partners, Supermicro, Varma, Lifeline Ventures, ENDUR, 6 Degrees Capital, byFounders, Tesi, and several angel investors.

The company will use the funding to scale its full-stack AI cloud across all layers, from compute capacity to platform services for frontier AI teams. Verda plans to invest specifically in inference and multiply its total compute capacity over the coming year to support the agentic era.

According to founder and CEO Ruben Bryon, the goal is to build a major European tech company using AI infrastructure as a foundation while working to reduce the carbon footprint of global compute as artificial intelligence becomes critical infrastructure across industries.