# Verda funding: rounds and investors

> Verda has raised $254M across 4 rounds since 2019. Investors include ByFounders, Tesi and Emergence Capital. Every round with its source.

Source: https://millionrounds.com/company/verda (Millionrounds; every figure on the page links to its filing or article)

Finland · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Verda*

4 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Cloud Construction

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$254M** raised across 4 rounds since 2019, from 6 sources

**$377K** Seed **$65M** Series A **$189M** Series B

- **Latest round:** Series B, $189M Sept 2026
- **Led by:** Emergence Capital
- **Step-up i:** 2.9×
- **Investors:** 13 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025 2026

**$377K** Seed

**$65M** Series A

**?** Debt

**$189M** Series B

- **First round:** Seed, $377K
- **Biggest round:** $189M
- **Usual gap between rounds:** 6.3 years

## The rounds

- **Sept 2026** Series B **$189M** *8 new* *2 returning* [Emergence Capital](https://millionrounds.com/fund/emergence-capital) Lead [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [ByFounders](https://millionrounds.com/fund/byfounders) [Tesi](https://millionrounds.com/fund/tesi) [MUFG Innovation Partners](https://millionrounds.com/fund/mufg-innovation-partners) [Varma Mutual Pension Insurance Company](https://millionrounds.com/fund/varma) [6 Degrees Capital](https://millionrounds.com/fund/6-degrees-capital-2) [Supermicro](https://millionrounds.com/fund/supermicro) [Mark Saroufim](https://millionrounds.com/fund/mark-saroufim) [Ola Tørudbakken](https://millionrounds.com/fund/ola-t-rudbakken) Reported by ArcticStartup and 1 other
- **Oct 2025** Debt **Amount undisclosed** *1 new* [Armada Fund VI](https://millionrounds.com/fund/armada-fund-vi) Lead Reported by Firms' own news pages and 1 other
- **Sept 2025** Series A **$65M** *3 new* [ByFounders](https://millionrounds.com/fund/byfounders) [J12 Ventures](https://millionrounds.com/fund/j12) [Tesi](https://millionrounds.com/fund/tesi) Source recorded
- **Jun 2019** Seed **$377K** *1 new* [Accelerator Centre](https://millionrounds.com/fund/accelerator-centre) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2019 **Series A** 2025 **Debt** 2025 **Series B** 2026 [ByFounders](https://millionrounds.com/fund/byfounders) [Tesi](https://millionrounds.com/fund/tesi) [Emergence Capital](https://millionrounds.com/fund/emergence-capital) L [Armada Fund VI](https://millionrounds.com/fund/armada-fund-vi) L [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Accelerator Centre](https://millionrounds.com/fund/accelerator-centre) [J12 Ventures](https://millionrounds.com/fund/j12) [MUFG Innovation Partners](https://millionrounds.com/fund/mufg-innovation-partners) [Varma Mutual Pension Insurance Company](https://millionrounds.com/fund/varma) [6 Degrees Capital](https://millionrounds.com/fund/6-degrees-capital-2)

## Everyone who backed them

[ByFounders](https://millionrounds.com/fund/byfounders) VC firm **2** rounds

[Tesi](https://millionrounds.com/fund/tesi) Government **2** rounds

[Emergence Capital](https://millionrounds.com/fund/emergence-capital) VC firm **1** round, led 1

[Armada Fund VI](https://millionrounds.com/fund/armada-fund-vi) Investment firm **1** round, led 1

[Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) VC firm **1** round

[Accelerator Centre](https://millionrounds.com/fund/accelerator-centre) Accelerator **1** round

[J12 Ventures](https://millionrounds.com/fund/j12) VC firm **1** round

[MUFG Innovation Partners](https://millionrounds.com/fund/mufg-innovation-partners) Corporate VC **1** round

[Varma Mutual Pension Insurance Company](https://millionrounds.com/fund/varma) Institutional LP **1** round

[6 Degrees Capital](https://millionrounds.com/fund/6-degrees-capital-2) VC firm **1** round

[Supermicro](https://millionrounds.com/fund/supermicro) Growth equity **1** round

[Mark Saroufim](https://millionrounds.com/fund/mark-saroufim) Growth equity **1** round

[Ola Tørudbakken](https://millionrounds.com/fund/ola-t-rudbakken) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=verda).

## Quick answers about Verda

### Who invested in Verda?

Verda's investors include ByFounders, Tesi, Emergence Capital, Armada Fund VI and Lifeline Ventures, and 8 more on record. Emergence Capital led its latest round.

### How much has Verda raised?

Verda has raised $254M across 4 rounds since 2019. One round did not disclose an amount, so the total is a floor.

### When did Verda last raise?

Verda's most recent round was a Series B of $189M in Sept 2026, led by Emergence Capital.

### What was Verda's biggest round?

Its most recent round, $189M in Sept 2026, is also its largest on record.

### Who backed Verda first?

Verda's first round on record, in Jun 2019, was backed by Accelerator Centre.

### What stage is Verda at?

Verda's latest named round is a Series B, in Sept 2026.

### Where is Verda based?

Verda is based in Finland.

### Who led Verda's rounds?

Armada Fund VI led the Debt in 2025; Emergence Capital led the Series B in 2026.

## Companies like Verda

In the same sector, and raised in the last eighteen months.

[**Ambio** $5.7M · Oct 2026](https://millionrounds.com/company/ambio)[**Comparables.ai** $6.0M · Oct 2026](https://millionrounds.com/company/comparables-ai)[**Zero** $15M · Sept 2026](https://millionrounds.com/company/zero)[**Hyperion Robotics** $15M · Aug 2026](https://millionrounds.com/company/hyperion-robotics)[**STRGY AI** $1.2M · Aug 2026](https://millionrounds.com/company/strgy-ai)[**Aiforia** $38M · Aug 2026](https://millionrounds.com/company/aiforia)

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