Artificial intelligence infrastructure Verda completes US$189 million in financing, led by Emergence Capital

PANews reported on September 24 that according to Bloomberg, artificial intelligence infrastructure company Verda completed a new round of financing of US$189 million, led by Emergence Capital, with participation from MUFG Innovation Partners, computer manufacturer Super Micro Computer, Varma Mutual Pension Insurance and Lifeline Ventures. It is reported that the company’s post-financing valuation is at least US$1 billion.

Verda mainly provides full-stack AI cloud services covering physical data centers, computing hardware, cloud platform services and artificial intelligence infrastructure. The new funds will be used to accelerate product development at all levels of its AI cloud platform, covering everything from computing power to platform services for cutting-edge AI teams in the era of agents. Verda plans to significantly increase its computing power over the next year while continuing its international expansion in Europe, the United States and Asia.