Funding Details
- Awarder
- Inbox
- Date Award
- May 19, 2025
- Vertical
- Energy and Sustainability
- Funding URL
- View Funding Page
Company Info
- Traction
- Veir has raised a total of $115 million and plans to demonstrate proof of concept by deploying its technology at a data center this year.
- Organizations Involved
- Microsoft
- Company Description
- Veir develops superconducting solutions for the data center sector, aiming to replace traditional power cables with superconducting tapes enclosed in black pipes surrounded by liquid nitrogen, delivering up to ten times the power of traditional cables.
- Market
- Data Centers
- Location
-
Massachusetts,
United States
- Coinvestors
- Microsoft, Munich Re Ventures, Tyche Partners, Piva Capital, National Grid Partners, Dara Holdings, SiteGround
Links