MUFG Innovation Partners Co., Ltd. (MUIP), the corporate venture capital arm and a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. (MUFG), has recently invested in Verda Cloud Oy (Verda) through the MUFG Innovation Partners No. 3 Investment Partnership.
Corporate Profile
Name | Verda Cloud Oy |
Date of Establishment | 2020 |
Headquarters | Helsinki, Finland |
CEO | Ruben Bryon |
Founded in 2020, Verda is a Europe-based AI cloud infrastructure company that enables organizations developing and deploying AI to gain rapid access to high-performance GPU resources. As one of a limited number of NVIDIA Preferred Partners worldwide, Verda provides access to cutting-edge GPU infrastructure and serves a a broad range of customers.
Global demand for the computing resources required for AI training and inference is growing rapidly as generative AI continues to gain widespread adoption. At the same time, AI infrastructure, particularly GPU resources, remains concentrated among a small number of major cloud providers. Against this backdrop, and the growing importance of AI sovereignty in Europe, efforts to establish independent AI computing infrastructure within regional and national boundaries are accelerating.
In response to these market needs, Verda has built a Europe-based AI cloud platform that provides an integrated offering spanning the entire AI infrastructure stack, from GPU infrastructure, including physical servers and data centers, to the tools and services required for AI development and operations. The company also differentiates from market peers by its use of 100% renewable energy and its ability to provide flexible access to high-performance GPU resources.
MUIP believes that as AI becomes increasingly embedded across industries, securing the underlying computing infrastructure will be just as important as developing AI models and applications themselves. In particular, MUIP views the ability to address a broad spectrum of demand, ranging from AI developers requiring high-performance computing environments to enterprises seeking greater AI sovereignty, as a critical infrastructure opportunity that will help support the continued growth of the AI ecosystem. Through this investment, MUIP will support Verda's continued growth and explore potential collaboration opportunities with the MUFG Group and customers, with the aim of creating value for both organizations.
About MUIP
MUIP was established in January 2019 as the corporate venture capital arm of Japan’s leading financial group, MUFG, to promote its open innovation strategy. MUIP currently runs 5 funds (about USD 650 million in total), making strategic investments in startups globally and driving business collaboration between the startups and MUFG group companies.
For more information, visit MUFG Innovation Partners.
About Verda
Verda operates a vertically integrated AI cloud platform that provides a comprehensive suite of AI software services, spanning the full stack from physical servers and data center infrastructure to GPU instances, AI clusters, serverless containers, inference endpoints, and other tools required for AI development and deployment.
For more information, visit Verda.
