VEIR Closes $75M Series B to Deliver Superconducting Solutions for AI Data Centers and High-Capacity Power Lines, Driving Grid Resilience and Global Decarbonization

VEIR, a leader in superconducting power delivery, today announced the successful closing of an oversubscribed $75 million Series B led by Munich Re Ventures, with participation from new and existing investors. This investment will accelerate VEIR’s commercialization efforts for its innovative solutions serving data centers, utilities, and renewable energy developers.

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