Verda (Finland) raises $189M in Series B

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Verda (Finland) raises $189M in Series B(verda.com)

41 points by cmrdporcupine 3 hours ago | 13 comments

herodoturtle 3 minutes ago | parent | next [-]

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 | parent | prev | next [-]

This is wonderful, congrats to everyone at Verda!

nik736 an hour ago | parent | prev | next [-]

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 an hour ago | parent | prev | next [-]

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 28 minutes ago | parent | prev | next [-]

Very good dev experience! Congrats

paperboy10000 an hour ago | parent | prev | next [-]

Excellent news for European tech stack - congrats!

petcat an hour ago | parent | prev | next [-]

AI cloud? I guess 189 mil will buy nvidia GPUs to host inference for Chinese models for Europeans? Is that what this is?

impossiblefork 30 minutes ago | parent [-]

That's a real risk.

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

lifty 21 minutes ago | parent [-]

Can you buy these already? I think not.

	▲	impossiblefork 11 minutes ago \| parent [-]
		The VSORA machines, possibly. They are apparently delivered and being installed at Scaleway. The Euclyd machines, probably many months away.

mrits an hour ago | parent | prev | next [-]

$198M for AI Cloud when US has a company that pays one of it's employees about that?

htrp 2 hours ago | parent | prev [-]

yet another ai cloud

	▲	dude250711 an hour ago \| parent [-]
		Yeah, but this time like... In EU!