# VEIR Raises $110 Million Series C to Accelerate Commercialization of Superconducting Power Delivery Technology for AI Data Centers

Press Release · Series C Announcement · 2026-10-08

![VEIR Raises $110 Million Series C to Accelerate Commercialization of Superconducting Power Delivery Technology for AI Data Centers](https://images.prismic.io/veir/zrv5XrZ2iZE5FX56_Logo-Hero.png?auto=format,compress)

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**VEIR Raises $110 Million Series C to Accelerate Commercialization of Superconducting Power Delivery Technology for AI Data Centers**

WOBURN, Mass.--([**BUSINESS WIRE**](https://www.businesswire.com/))--[**VEIR**](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.veir.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=VEIR&index=1&md5=12e379b1a0722f2b0d4673d092bcdbb9), a U.S.-based designer and manufacturer of superconducting power delivery systems for AI data centers, today announced the closing of an oversubscribed $110 million Series C financing round co-led by [**Matter Venture Partners**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.mattervp.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Matter+Venture+Partners&index=2&md5=5c9bb68a1f1d1706b4aa3c62b7d0806e) and [**Tyche Partners**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftychepartners.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Tyche+Partners&index=3&md5=8a0da7f72f4a8bece64fe0a4f8d00654), with participation from [**LG Technology Ventures**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.lgtechventures.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=LG+Technology+Ventures&index=4&md5=eb3e8d9b0c9983f1a17d425811db2cf8), Gates Frontier, [**Sabanci Climate Ventures**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.sabancict.com%2Fen%2Fclimate-ventures%2Findex%2FClimate-Ventures%2F4%2F0%2F0&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Sabanci+Climate+Ventures&index=5&md5=dd2527de211bdfccdd1a4d22d05f0ee7), and Hui Capital. The round also included participation from existing investors such as [**Engine Ventures**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fengineventures.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Engine+Ventures&index=6&md5=13fa37ab10076a33667a3acc67d4bc80), [**Galvanize Climate Solutions**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fgalvanizeclimate.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Galvanize+Climate+Solutions&index=7&md5=98ac1ee31b40bc023c4b10c17503ccb8), [**Piva Capital**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fpiva.vc%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Piva+Capital&index=8&md5=80ef8af5881616791adc16d2d415e2a4), [**Congruent Ventures**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.congruentvc.com%2F&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=Congruent+Ventures&index=9&md5=99dbc03df572f0c55e5814419e057e22), [**VXI Capital**](https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.vxicapital.com%2Fhome&esheet=54616430&newsitemid=20261008239548&lan=en-US&anchor=VXI+Capital&index=10&md5=fff73856289d4d99fd04f303f0388306), among others, and brings the company’s total capital raised to $225 million.


[Read more](https://www.businesswire.com/news/home/20261008239548/en/VEIR-Raises-%24110-Million-Series-C-to-Accelerate-Commercialization-of-Superconducting-Power-Delivery-Technology-for-AI-Data-Centers)


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