The rush to build AI applications has created a new behind-the-scenes race: securing enough computing power to train, run, and scale them.

One company benefiting from that demand is Verda, the Helsinki-based AI infrastructure startup formerly known as DataCrunch. The company said it has reached a $100 million revenue run rate after growing 10-fold over the past 18 months, a milestone that highlights how demand for AI compute continues to outpace supply across much of the industry.

The growth comes just months after Verda raised $117 million in funding in April 2026, bringing its total funding to roughly $200 million. The company now employs more than 130 people representing over 30 nationalities and plans to double its workforce this year.

Founded in 2020, Verda is building cloud infrastructure focused on AI workloads. Its platform gives developers and AI companies access to high-performance computing resources without the lengthy procurement processes often associated with traditional enterprise infrastructure.

Verda’s Bet on AI Infrastructure Pays Off: Finnish Startup Reaches $100M Revenue Run Rate

Unlike many cloud providers that rely heavily on third-party infrastructure, Verda operates across the full stack. The company manages its own servers, data centers, and developer tooling. It maintains an in-house AI Lab that helps shape product development by grounding it in practical AI use cases and customer needs.

The startup’s customer list includes the robotics company 1X, the cybersecurity firm ExpressVPN, and the design platform Freepik. Those customers reflect a broader shift across the technology industry, where organizations are investing heavily in AI systems that require substantial computing capacity.

Verda currently operates data centers in Finland powered by renewable energy and recently established a London office. The company says it plans further expansion across Europe, the United States, and Asia to meet growing demand from AI developers and enterprises.

Its position in the market has been strengthened by its status as one of a small number of NVIDIA Preferred Partners globally, giving customers access to some of the most sought-after AI hardware available today.

Ruben Bryon, Founder and CEO of Verda, believes demand for computing infrastructure will continue to increase as AI systems become more autonomous.

“AI is becoming critical infrastructure, and developers and AI teams increasingly need instant, on-demand access to high-performance compute without traditional procurement cycles. This will become even more important as agents autonomously determine how much compute they need and for how long. We’re seeing this transition happen in real time, and we’re going to continue building and scaling to empower pioneering teams around the world.”

Verda’s growth comes at a time when investors, cloud providers, and AI startups are pouring billions into infrastructure. Training and running advanced AI models require vast amounts of computing power, creating opportunities for companies that can quickly and efficiently provide access to GPUs and specialized AI hardware.

For Verda, reaching a $100 million revenue run rate marks a significant milestone. It is another sign that the infrastructure layer behind AI may prove just as valuable as the applications being built on top of it.