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Verda Cloud's $189M Series B highlights a strategic pivot toward building proprietary AI infrastructure, including custom compilers and serving software, rather than merely reselling generic cloud resources. By integrating an internal lab focused on GPU utilization and kernel engineering, the company aims to optimize inference performance for enterprise workloads across its planned 250MW European footprint. This funding underscores the growing industry trend where "neocloud" providers differentiate themselves through deep technical specialization in AI compute stacks.

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European neocloud Verda raises $189M to build the AI infrastructure of tomorrow

SiliconANGLESeptember 22, 20264 min read

Helsinki, Finland-based neocloud outfit Verda Cloud Oy, formerly DataCrunch, today announced it has raised $189 million in early-stage funding to expand its artificial intelligence cloud infrastructure, from AI compute capacity to platform services. Emergence Capital led the Series B round, with additional investments from MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Co., Lifeline Ventures, […] The post European neocloud Verda raises $189M to build the AI infrastructure of tomorrow appeared first on SiliconANGLE.

Helsinki, Finland-based neocloud outfit Verda Cloud Oy, formerly DataCrunch, today announced it raised $189 million in early-stage funding to expand its artificial intelligence cloud infrastructure, from AI compute capacity to platform services. Emergence Capital led the Series B round, with additional investments from MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital, byFounders and Tesi. A group of angel investors including Ola Tørudbakken, Director…

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