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DataCrunch

What DataCrunch does

DataCrunch (now operating as Verda) is a European GPU cloud for AI training and inference. The company positions itself as a vertically integrated, full-stack AI cloud that spans data centers, networking, storage, and a developer-accessible platform, with an emphasis on on-demand provisioning and European data protection and sovereignty. Its platform is described as covering the full AI lifecycle—from rapid prototyping to foundation training and scalable inference—using self-service GPU instances, self-service “Instant Clusters” (including InfiniBand-connected distributed training), serverless containers for inference and batch jobs, plus storage and a container registry. Verda also runs an in-house AI Lab and sponsors/open-support for ML infrastructure projects, which it frames as a way to translate research into platform capabilities. Verda’s customers described on its site include AI startups, enterprises, research institutions, and government/public-sector organizations, and the company highlights enterprise-oriented security/compliance capabilities (for example SOC 2 Type II and additional certifications) and “confidential computing” for privacy-first workloads. Since the DataCrunch rebrand to Verda (executed over 2025), Verda has raised multiple funding rounds, expanded geographically, and reported revenue run-rate milestones in 2026.

News

Company record

Aug 06, 2026 · Official · VerdaVerda Appoints Mikko Einiö as Chief Financial Officer to Lead Capital Strategy

Verda announced the appointment of Mikko Einiö as Chief Financial Officer, describing his background and the role in finance, capital raising, and capital allocation during global infrastructure expansion.

Jul 10, 2026 · Official · VerdaNIB joins the group of financial institutions backing Verda, extends the latest funding round to $155 million

Verda announced its most recent funding increased from $117M to $155M after the Nordic Investment Bank joined; the announcement describes both debt and equity participants.

Jun 15, 2026 · Official · VerdaVerda hits $100M revenue run rate as we build for the on-demand future of AI compute

Verda reported reaching a $100M revenue run rate and described its expansion and hiring plans, citing the $117M round in April 2026 and total funding to about $200M.

Apr 24, 2026 · Official · VerdaVerda raises $117M to build the next generation of AI cloud infrastructure

Verda announced raising $117M led by Lifeline Ventures, describing equity participation and Nordic debt financing to support product development and new market expansion.

Apr 23, 2026 · Official · VerdaVerda completes SOC 2 Type II audit

Verda announced successful completion of a SOC 2 Type II audit covering Security, Availability, and Confidentiality across the 2025 audit period.

Apr 16, 2026 · Official · VerdaPrivacy by architecture: How Verda and ExpressVPN are building confidential AI infrastructure

Verda described its confidential computing approach for ExpressAI, positioning the work as hardware-level cryptographic isolation for prompts rather than relying only on policy and organizational controls.

Feb 05, 2026 · Official · VerdaTerraform integration for managing Verda infrastructure

Verda introduced a Terraform provider to define and manage selected infrastructure resources (including GPU instances, storage volumes, SSH keys, and startup scripts) and described OpenTofu compatibility.

Nov 06, 2025 · Official · VerdaVerda (formerly DataCrunch) ranked bronze in ClusterMAX v2 by SemiAnalysis

Verda reported receiving a bronze ranking in SemiAnalysis’s ClusterMAX v2 evaluation, including discussion of what was evaluated for its Instant Clusters product.

Show 4 earlier updates
Nov 05, 2025 · Official · VerdaDataCrunch is changing its name to Verda

Verda announced its rebrand from DataCrunch to Verda and described operational continuity and migration of communication channels beginning in November 2025.

Sep 23, 2025 · Official · VerdaVerda is launching developer communities for AI builders

Verda announced the launch of two developer/community spaces: a structured developer community and a Discord for faster back-and-forth collaboration.

Sep 08, 2025 · Official · VerdaVerda raises $64M in Series A

Verda announced its $64M Series A, naming equity leads and describing both equity participation and debt financing components.

Oct 23, 2024 · Official · VerdaVerda secures $13 million seed round to transform AI computing

Verda announced a $13M seed round led by byFounders, describing investor participation and plans to expand infrastructure and accelerate AI compute access in Europe.

Source map · 2 recurring channels · 18 references

Still resolving: Newsroom · Official X

Funding

Latest disclosed valuationNot disclosed
Tracked capital$349M4 sourced rounds

What it builds

GPU instances

Verda provides on-demand access to GPU instances as part of its full-stack AI cloud platform.

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Instant clusters

Verda offers self-service GPU clusters with an InfiniBand interconnect for distributed training workloads.

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Serverless containers

Verda provides serverless containers that auto-scale for inference and batch jobs.

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Block storage

Verda includes high-speed NVMe virtual disks as managed storage for workloads.

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Shared filesystem

Verda offers a POSIX-compliant shared filesystem for data and collaboration across compute.

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Container registry

Verda provides OCI-compliant container image storage for deploying workloads.

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AI Lab

Verda’s in-house AI Lab is described as contributing to frontier AI research and open-source infrastructure, and translating those efforts into platform capabilities.

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Verda Terraform provider

Verda provides a Terraform provider to manage and provision parts of its infrastructure (GPU instances, storage volumes, SSH keys, and startup scripts) as code, with compatibility for OpenTofu.

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Key metrics

Milestones & partnerships

Aug 06, 2026
Appointment of CFO to lead capital strategy

Verda announced Mikko Einiö as CFO and described the role in finance, capital raising, and allocation during continued infrastructure expansion.

Jul 10, 2026
Financing extended to $155M with NIB participation

Verda announced its latest funding increased to $155M after Nordic Investment Bank joined the group backing the company.

Nordic Investment Bank (NIB) · Nordea · OP · Danske · Norion
Jun 15, 2026
Reported $100M revenue run rate milestone

Verda reported reaching a $100M revenue run rate in June 2026 and described continued expansion and hiring plans.

Apr 23, 2026
SOC 2 Type II completion

Verda announced the successful completion of a SOC 2 Type II audit across Security, Availability, and Confidentiality criteria covering the 2025 audit period.

Apr 16, 2026
Confidential AI infrastructure described with ExpressVPN (ExpressAI)

Verda described confidential computing work for ExpressAI and positioned it as hardware-attested cryptographic isolation for prompts used with inference.

ExpressVPN
Feb 05, 2026
Infrastructure-as-code support via Terraform provider (GA for supported resources)

Verda introduced a Terraform provider to manage reproducible Verda infrastructure as code, including compatibility notes for OpenTofu.

HashiCorp (Terraform)
Nov 17, 2025
Communication-channel migration completed as DataCrunch rebranded to Verda

Verda stated the name change was planned to execute gradually, with communication migration to verda.com and the new company name across channels beginning on 2025-11-17.

Nov 05, 2024
Deployment of NVIDIA H200 GPUs (availability announced)

Verda (as DataCrunch) announced successful deployment of NVIDIA H200 GPUs in its Finland data center and described availability of H200 GPU instances starting 5 November 2024.