VEIR raises $110M to swap copper for superconductors in AI data centres

VEIR has raised $110 million in a Series C round. The Massachusetts company makes superconducting power cables for AI data centres. Matter Venture Partners and Tyche Partners co-led the round, which VEIR called oversubscribed. LG Technology Ventures, Gates Frontier, Sabanci Climate Ventures and Hui Capital joined as new investors. Existing backers also took part, including […] This story continues at The Next Web

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