Verda (Finland) raises $189M in Series B

 (verda.com)

42 points | by cmrdporcupine 2 hours ago

12 comments

  • herodoturtle 4 minutes ago
    Sincere congrats to the Verda team :-)

    Can someone please help me understand what their competitive advantage is, versus the likes of AWS / Azure et al, who are also available in the EU.

    I love a good underdog story, but I'm not understanding the economics of it.

  • BiraIgnacio 3 minutes ago
    This is wonderful, congrats to everyone at Verda!
  • nik736 1 hour ago
    Verda is great! The only thing bad about Verda is that it's sold out fairly often :-) So the $189M will hopefully help with that.
  • hn45e7pbij 53 minutes ago
    Yeah the sold out bit is telling, and it's rarely the cards, it's finding racks with enough power and cooling ready to take them.
  • robotswantdata 29 minutes ago
    Very good dev experience! Congrats
  • paperboy10000 1 hour ago
    Excellent news for European tech stack - congrats!
  • petcat 1 hour ago
    AI cloud? I guess 189 mil will buy nvidia GPUs to host inference for Chinese models for Europeans? Is that what this is?
    [-]
    • impossiblefork 31 minutes ago
      That's a real risk.

      Hopefully it's for buying VSORA or Euclyd machines, but well...

      [-]
      • lifty 21 minutes ago
        Can you buy these already? I think not.
        [-]
        • impossiblefork 12 minutes ago
          The VSORA machines, possibly. They are apparently delivered and being installed at Scaleway.

          The Euclyd machines, probably many months away.

  • mrits 1 hour ago
    $198M for AI Cloud when US has a company that pays one of it's employees about that?
  • htrp 1 hour ago
    yet another ai cloud
    [-]
    • dude250711 1 hour ago
      Yeah, but this time like... In EU!
  • hnx0rqy49u 24 minutes ago
    [dead]
  • hndhyc0bdt 1 hour ago
    [dead]
  • ivyBadger920 1 hour ago
    [dead]