Wire
Verda raises $189M for AI cloud capacity
Verda has raised $189 million in an oversubscribed Series B led by Emergence Capital, taking total funding above $450 million as it plans to multiply compute capacity over the next year. Verda’s funding announcement says July annualized revenue run rate reached $165 million, while its customer update targets more than 250 MW of operations in 2027; Tech.eu’s report confirms the round makes it Europe’s latest AI-cloud unicorn. For builders, this is another supply-side bet: compare promised capacity and revenue against the archive’s analysis of hyperscaler capex concentration before treating new GPU availability as guaranteed.