2 Oct 2026
Verda, formerly DataCrunch, raises $189 million Series B for its European AI cloud
Verda, the Helsinki AI cloud formerly called DataCrunch, announced a Series B of $189 million (€163 million) on 22 September 2026, led by…
Helsinki based AI cloud, formerly DataCrunch, renting NVIDIA GPU servers and clusters from European data centres with EU ownership and security certifications.
Verda, formerly DataCrunch, is a European provider of cloud computing for artificial intelligence. Our reporting places it in Helsinki, Finland, and records a 189 million dollar Series B in October 2026. Its website describes the company as built in Europe and offering a full stack from hardware to serverless tools.
Verda rents graphics processing unit capacity to teams that train and run AI models. The site lists GPU and CPU instances, self-service clusters with InfiniBand networking, and serverless containers that scale for inference and batch jobs. Storage covers block volumes, a shared file system and a container registry. Hardware shown is from NVIDIA, including GB300 NVL72, B300, B200, RTX PRO 6000, H200, H100 and A100 systems. It also offers confidential computing for attested inference and fine tuning, and runs an in-house AI lab that works on research and open source projects.
Customers named on the site include Magnific, ExpressVPN, 1X and Aleph Alpha. The company stresses access without contracts or negotiation, and EU data centres, EU ownership and renewable energy, which matter to organisations with data location requirements.
The site cites historical uptime above 99.9 percent, which is the company's own figure.
Profile written by TrustList from the business's own published information, Oct 2026.
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Updated 10/14/2026
As of 2026-10-15. Organic ranks only; sponsored placements are never ranks.
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