VEIR, founded in 2019, is pioneering in the Energy and Renewable Energy sectors with its innovative power delivery solutions tailored for data centers and grid enhancements. Based in the United States, the company employs advanced superconductors to meet the escalating power demands posed by data centers, far surpassing current busbar and cable capacities.
Their proprietary superconducting transmission lines elevate energy infrastructure by delivering power densities 5-10 times higher than standard lines at equivalent voltage levels, thus facilitating quicker integration of new energy sources, advancing global decarbonization efforts, and boosting grid reliability.
Recently, VEIR secured a $75.00M Series B investment on January 28, 2025, with participation from noteworthy investors such as The Engine, Galvanize Climate Solutions, and Microsoft Climate Innovation Fund, to name a few. This substantial investment underlines the trust and potential seen in VEIR's cutting-edge technology and growth trajectory in transforming energy delivery systems globally.