Finnish GPU cloud for AI training and inference, aspiring to be the first European sovereign AI hyperscaler.
| Date | Round | Amount |
|---|---|---|
| Jul 2026 | Debt 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 2026 | Funding 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 2025 | Series 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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