Finnish neocloud startup Verda raised $189M led by Emergence at a $1B+ valuation and aims to raise up to $1.5B in equity and debt in 2026 and up to $10B in 2027 (Paula Doenecke/Bloomberg)

Finnish neocloud startup Verda has successfully raised $189 million in new financing, with Emergence leading the investment round. This funding values the company at over $1 billion, highlighting sustained investor interest in the infrastructure supporting the artificial intelligence boom. Verda has ambitious plans to further secure up to $1.5 billion in equity and debt by 2026, with an even larger target of up to $10 billion by 2027.