Verda raises USD 189 mln in financing led by Emergence Capital
Finland-based cloud company Verda said it has raised USD 189 million in new funding to expand its full-stack artificial intelligence cloud. The financing includes an oversubscribed series B round led by Emergence Capital. Participants include MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance, Lifeline Ventures, 6 Degrees Capital (6DC), ByFounders and Tesi (Finnish Industry Investment) as well as "angel" investors such as Ola Toerudbakken and Mark Saroufim (Core Automation and GPU Mode).