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Verda

AI · Helsinki, FI

Finnish GPU cloud for AI training and inference, aspiring to be the first European sovereign AI hyperscaler.

Founders

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Funding history

DateRoundAmount
Jul 2026Debt
Helsinki AI cloud infrastructure company Verda, formerly DataCrunch, signed a 22 million euro InvestEU-backed loan from the Nordic Investment Bank. The four-year facility funds GPUs and networking and storage equipment for data centres in Finland.
$25M
Apr 2026Funding round
Finland's Verda (formerly DataCrunch) raised $117M led by Lifeline Ventures to scale its sustainable AI cloud, a European alternative to the hyperscalers.
$117M
Sep 2025Series A
DataCrunch raised $64 million in equity and debt in a Series A co-led by byFounders, Skaala, Varma and Tesi to expand its sovereign GPU infrastructure in Europe.
$64M

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