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

Photo: SiliconANGLE

What happened

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…

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