Verda completed a $189 million financing round, led by Emergence Capital

Artificial intelligence infrastructure company Verda has completed a new round of financing of $189 million, led by Emergence Capital, with participation from MUFG Innovation Partners, computer manufacturer Super Micro Computer, Varma Mutual Pension Insurance, and Lifeline Ventures.

It is reported that the company's post-financing valuation has reached at least $1 billion.