2026-04-24
Verda raises €100M Growth round
Helsinki-based Verda raised €100M in a Growth round led by Lifeline Ventures.
Round at a Glance
| Company | Verda (formerly DataCrunch) |
| HQ | Helsinki, Finland |
| Amount | €100M ($117M) |
| Round | Growth |
| Date | 2026-04-24 |
| Valuation | Not disclosed |
| Total Disclosed Funding | ~$170M across 3 rounds |
Company Snapshot
Verda is a vertically integrated AI cloud infrastructure provider that controls its own servers, data centers in Finland and Iceland, and developer tools. The company is an NVIDIA Preferred Partner and runs on 100% renewable energy. Its revenue run rate doubled to over $60M in Q1 2026, and the company is cash flow positive.
Investors in This Round
| Investor | Investor HQ Country | Notes |
|---|---|---|
| Lifeline Ventures | Finland | Lead |
| byFounders | Denmark | Participant |
| Tesi | Finland | Participant |
| Varma | Finland | Participant |
Known Cap Table
| Investor | Round(s) | Investor HQ Country |
|---|---|---|
| Lifeline Ventures | Growth | Finland |
| byFounders | Growth | Denmark |
| Tesi | Growth | Finland |
| Varma | Growth | Finland |
Total disclosed funding: ~$170M across 3 rounds (€12M seed 2024, €55M Series A Sep 2025, €100M Growth 2026).