DEPLOYDatabase

Company

Verda (formerly DataCrunch)

Verda is a Helsinki-based European neocloud that rebranded from DataCrunch in November 2025 as it pivoted from a niche renewable-powered GPU rental shop into a…

Founded
2020
HQ
Helsinki, Finland
Status
active

The verified answer

As of Aug 2026, DEPLOY verifies Verda (formerly DataCrunch): $155.0M raised. 4 sources back the record.

Funding

$155.0M

Employees

200

Overview

Verda is a Helsinki-based European neocloud that rebranded from DataCrunch in November 2025 as it pivoted from a niche renewable-powered GPU rental shop into a full-stack AI cloud pitching itself as Europe's answer to CoreWeave. Founded in 2020 by Ruben Bryon, the company runs Nordic datacenters powered by hydro and wind and has climbed the Nvidia stack from H100 into H200, B200, B300, and GB300 NVL72 racks, becoming an Nvidia Preferred Partner in 2025.\n\nThe operator is smaller than the US mega-neoclouds but has scaled quickly on the back of European AI sovereignty demand and inference workloads.

It disclosed a $100 million revenue run rate in June 2026 after roughly 10x growth over eighteen months, and total disclosed funding reached about $155 million after a July 2026 tranche that pulled in the Nordic Investment Bank. Named customers skew toward inference-heavy AI product companies (Magnific, ExpressVPN confidential compute) and robotics foundation-model work (1X), rather than hyperscaler overflow.\n\nVerda publishes on-demand hourly rates directly, an unusually transparent posture for the neocloud tier: H100 at $3.25 per hour, H200 at $4.00, B200 at $6.11, and GB300 at $8.62 on-demand, with spot pricing at roughly half.

It positions on European ownership, renewable power, and a Nordic buildout centered on a next-generation AI hub in Sundsvall, Sweden alongside existing Finnish capacity.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Rebrand

DataCrunch renamed to Verda in November 2025

GPU inventory

Nvidia H100, H200, B200 SXM6 (180GB), B300 SXM6 (268GB VRAM), GB300 NVL72, plus A100 and RTX Pro 6000; company has not disclosed a total GPU count

Announced hourly pricing

On-demand: H100 $3.25/hr, H200 $4.00/hr, B200 $6.11/hr, GB300 $8.62/hr; spot at roughly 50% off; up to 25% discount for 2-year reserved commitments

Datacenter footprint

Nordic-anchored: Finnish capacity plus an announced next-generation AI infrastructure hub in Sundsvall, Sweden; renewable-powered; company markets reach across 50+ markets in Europe, US, and APAC

Silicon partnership

Nvidia Preferred Partner (designated 2025); pipeline runs from H100 through GB300 NVL72

Named customers

Magnific (300M+ monthly inference requests), ExpressVPN (confidential computing), 1X (humanoid robotics world models)

Revenue

$100M annualized run rate reached June 2026, after roughly 10x growth over 18 months

Latest funding

~$155M total disclosed after Nordic Investment Bank joined a €136M/$155M-scale round in July 2026; preceded by $117M in April 2026 and a $64M Series A in September 2025

Positioning

Full-stack AI cloud spanning training and inference, pitching European ownership + renewable power; publishes list prices (unusual in the neocloud tier), skews toward AI product and robotics customers rather than hyperscaler overflow

Ownership

Private; venture-backed

Data & sources

Web sources

4

4 sources backing this record.View all →

Current leadership (5)

Safety record

No incidents on record for Verda (formerly DataCrunch).

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Verda (formerly DataCrunch) on the data-center map

Every verified data center Verda (formerly DataCrunch) operates that has a mapped coordinate (3 total). Filled circles are Tier-2 facilities and Tier-1 campuses under this operator; click any pin to open its record.

Verda (formerly DataCrunch) data centers (3)

AI data centers Verda (formerly DataCrunch) operates or is a party to, from the DEPLOY data center registry.