European startup Verda raises $189m to become a new AI cloud unicorn. Helsinki-based Verda secured $189m in fresh funding led by Emergence Capital, with the company saying the round makes it Europe’s latest unicorn. The startup builds AI cloud infrastructure and plans to expand its business as demand for compute rises. Key takeaway: Large rounds are still concentrating in infrastructure-heavy AI bets, showing investors are willing to fund European companies with the capital intensity to scale fast. 🔗 https://sifted.eu/articles/new-solo-gp-firm-backing-early-stage-ai-and-deeptech-startups-hits-first-close-of-maiden-fund #ClimeTech #Funding #EuropeanTech