Veir (Series B)
Funding Details
Awarder
Inbox
Date Award
May 19, 2025
Vertical
Energy and Sustainability
Funding URL
View Funding Page
Funding Amount
$75,000,000
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
Market
Data Centers
Location
Massachusetts, United States
Coinvestors
Microsoft, Munich Re Ventures, Tyche Partners, Piva Capital, National Grid Partners, Dara Holdings, SiteGround
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.

Links
Website
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