Neoclouds · Company
DataCrunch (now branded as Verda; the datacrunch.io domain redirects to verda.com) is a European GPU cloud provider focused on training and inference workloads. It offers a “full-stack AI cloud” intended to cover the full lifecycle of AI development—from rapid prototyping to foundation model training and scalable inference—using NVIDIA GPUs and a platform that includes compute, networking, storage, and developer-facing services.
For end users, Verda positions itself as a self-serve alternative to traditional enterprise procurement flows: customers can provision compute “instantly” (including single GPU instances and self-service clusters), and can also use serverless containers for inference and batch jobs. Verda also highlights security and compliance capabilities (including SOC 2 Type II and ISO 27001/27017/27018/27701 claims) and describes “confidential computing” as a solution area for hardware-attested inference/fine-tuning. Strategically, Verda is attempting to scale from a regional sovereign GPU cloud into a broader international infrastructure provider. Recent company announcements emphasize rapid revenue growth (reaching a $100M revenue run rate in mid-2026), expansion into new geographies (Europe plus the US/Asia), and continued enterprise readiness (e.g., appointing a CFO focused on capital strategy).
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| Headline | Source | Date |
|---|---|---|
| Verda Appoints Mikko Einiö as Chief Financial Officer to Lead Capital StrategyVerda announced the appointment of Mikko Einiö as CFO to lead finance, capital raising, and capital allocation as the company expands its AI infrastructure platform globally. | ||
| NIB joins the group of financial institutions backing Verda, extends the latest funding round to $155 millionVerda announced its funding round increased from $117M to $155M after the Nordic Investment Bank (NIB) joined; the company described named debt sources and equity anchor/participation. | ||
| Verda hits $100M revenue run rate as we build for the on-demand future of AI computeVerda reported reaching a $100M revenue run rate after 10x growth in 18 months and reiterated its end-to-end infrastructure approach and global expansion plans. | ||
| Verda pairs Arm AGI CPU with NVIDIA GB300 and Vera Rubin for agentic-first infrastructureVerda announced an infrastructure pairing strategy centered on deploying an Arm AGI CPU alongside next-gen NVIDIA GPUs and its upcoming Vera Rubin fleet. |
| Verda raises $117M to build the next generation of AI cloud infrastructureVerda announced raising $117M to accelerate product development and expand into new markets, describing the equity/debt mix and overall purpose. |
| DataCrunch is changing its name to VerdaVerda posted its brand/name transition from DataCrunch to Verda and described that the change was intended to minimize service disruption for customers and stakeholders. |
| Verda is launching developer communities for AI buildersVerda announced the launch of a developer community forum and a Discord community for AI builders, described as spaces for knowledge-sharing and collaboration. |
| Verda raises $64M in Series AVerda (formerly DataCrunch) announced a $64M Series A with equity co-led by byFounders, Skaala, Varma Mutual Pension Insurance Company, and Tesi and debt financing led by Nordea and Armada Credit Partners. |