Verda raises $189 million, becomes unicorn
Verda, a Helsinki-based startup focused on AI infrastructure, just raised $189 million in new funding led by Emergence Capital. That pushes Verda's valuation past $1 billion, qualifying it as Europe's latest tech “unicorn.” The company says it'll use the money to grow its AI cloud services—basically, the tools that help other firms build and run large AI models.
- Helsinki-based Verda raised $189 million, led by Emergence Capital
- Verda's valuation now over $1 billion, making it a unicorn
- Funding will go toward expanding Verda's AI cloud services
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