Krogerus advised Lifeline Ventures on an investment in Verda, a technology company building the next generation of cloud infrastructure for AI. Verda becomes Europe's latest unicorn with USD 189 million in new funding. The financing includes an oversubscribed Series B led by Emergence Capital, plus additional investment. Investors participating in the financing include MUFG Innovation Partners, Supermicro, Varma Mutual Pension Insurance Company, Lifeline Ventures, 6 Degrees Capital (6DC), byFounders, Tesi, and a group of angel investors.
The new funding allows Verda to accelerate product development across all layers of its AI cloud, from compute capacity to platform services for frontier AI teams in the agentic era. Headquartered in Helsinki, the company operates globally across Europe, the US and Asia and employs around 250 people.
The Krogerus team was led by Partner Annika Schauman and she was primarily assisted by Senior Associates Annika Mattila and Santeri Jääskeläinen and Associate Henna Olkkonen, Oliver Pietilä and Lasse Grönqvist. Partner Päivi Toivari advised on financing matters and Partner Marko Vuori on corporate matters.
