Finland‑based AI infrastructure startup Verda secured a €100 million financing round in April 2026 to boost its high‑performance AI cloud platform, reflecting the broader European push for sovereign cloud solutions as highlighted by AWS’s upcoming independence test.
Finnish startup Verda has raised billions of euros, becoming a unicorn, and will construct a large data centre in Sundsvall, Sweden, backed by investors such as By Founders, to support faster AI development.
Verda, a Helsinki‑based AI infrastructure startup, obtained a €22 million loan from the Nordic Investment Bank, backed by InvestEU, to buy GPUs and expand its renewable‑powered data centres as it scales its AI cloud services after raising €102.5 million earlier in the year.