What Verne Global does

Verne Global (rebranded to Verne in June 2026) is a Northern European data center operator providing end-to-end data center design, build, and operations services across a multi-site platform. Founded in 2007 and headquartered in London, the company operates data centers in Iceland, Finland, and the United Kingdom, with announced campuses under development in France and Norway. Verne's go-to-market targets global hyperscalers, AI cloud providers, and large enterprises requiring high-density, sustainable digital infrastructure. Named customers span automotive (BMW), AI cloud (Nebius, Nscale, Peptone), AI translation (DeepL), cybersecurity (Threatmetrix), and enterprise IT (Bechtle), with NVIDIA as a technology partner.

Verne's core technology centers on Nordic-designed, high-density data center infrastructure powered by 100% renewable energy and leveraging cold-climate natural cooling. The company's Iceland facility became the site of its first liquid-cooled deployment in 2026, comprising 128 racks with 64 Nvidia GB300 GPUs and 7.5 MW of capacity in phase one, scaling toward 15 MW with 4,600 Nvidia Blackwell Ultra GPUs planned through 2026. Operations span approximately seven Iceland data centers, a 9 MW London facility, and a 70 MW Mäntsälä, Finland campus under construction as of June 2026. Verne achieved certification alignment across all campuses in May 2025 and operates within a GDPR-aligned regulatory environment in Iceland under EEA membership.

Verne generates revenue through B2B enterprise data center colocation, hosting, and managed services on contracts typically negotiated on power capacity, cooling requirements, and duration. Pricing is quote-based rather than published, consistent with hyperscale and enterprise deal structures. The company is privately held by Ardian, which acquired Verne in March 2024 from Digital 9 Infrastructure plc for approximately $575 million, providing capital from Ardian's $20 billion Infrastructure Fund VI to fund gigawatt-scale expansion including a €5 billion commitment for French AI infrastructure.

Name

Verne Global

Legal name

Verne

Website

https://verneglobal.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Verne Global (rebranded to Verne in June 2026) is a Northern European data center operator providing sustainable, high-density colocation and managed services to hyperscalers, AI cloud providers, and large enterprises across Iceland, Finland, the UK, France, and Norway.

Ownership category

akta.pro rank

Product category

Data Center Services

NAICS

Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Electric Power Generation, Transmission and Distribution (2211)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Facilities Operations & Maintenance (Power/Cooling/Mechanical) (HDABANAC)

akta.pro secondary industries

Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ), Utility-Scale Renewable O&M (Solar, Wind, Hydro, Geothermal) (EUAMAGAA), Offshore Development Center (ODC) / Dedicated Team Services (BPAEAMAL)

Keywords

• Data center services
• Colocation services
• AI infrastructure hosting
• Sustainable data centers
• High-density computing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Data Center Colocation and Hosting Services: Verne generates revenue through providing data center colocation, hosting, and managed services to enterprise customers. The company operates multiple data center facilities across Northern Europe offering sustainable digital infrastructure with 100% renewable energy.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Verne Global (now operating as Verne) provides end-to-end data center services including design, build, and operations across Northern Europe. The company operates colocation facilities in Iceland, Finland, and the UK, all powered by 100% renewable energy, with planned campuses in France and Norway. Its offering targets high-density compute-intensive and AI workloads, including GPU deployments with liquid cooling capabilities.

Product overview

Verne is a low-carbon Northern European data center operator offering end-to-end data center solutions across a multi-site platform. The company's core portfolio consists of three integrated service lines — Data Center Design, Data Center Build, and Data Center Operations — which collectively support the full lifecycle of high-density, compute-intensive data center facilities. Verne operates data centers across five locations: Iceland (100% renewable energy), Finland (100% renewable with 70MW under construction in Mäntsälä), UK (9MW in London), France (upcoming Île-de-France campus), and Norway (planned). The company positions itself as supporting AI infrastructure with GPU deployments and liquid cooling capabilities, serving customers from startups to global hyperscalers.

Differentiator

Problem solved

Functional benefit

Products and services

• Data Center Design

Quantifiable outcome

• First liquid-cooled deployment in Iceland: 7.5MW capacity with 128 racks and 64 Nvidia GB300 GPUs completed in three months
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered supporting, core and strategic.

• LandsnetsupportingStrategic or Co-development Partner · 1 May 2026Verne and Landsnet launched a high capacity substation partnership in May 2026, supporting Verne's data center operations with critical power infrastructure.
• NscalecoreStrategic or Co-development Partner · 1 November 2025AI cloud company Nscale partnered with Verne to lease 15MW of capacity for GPU deployment in Iceland. The first phase was completed in three months with 7.5MW installed, including 128 racks with 64 liquid-cooled Nvidia GB300 GPUs. Plans include deployment of 4,600 Nvidia Blackwell Ultra GPUs throughout 2026. This is Verne's first liquid-cooled deployment in Iceland.
• NVIDIAstrategicTechnology or IntegrationNVIDIA is a technology partner providing GPU infrastructure. Verne's Iceland deployment includes Nvidia GB300 GPUs with liquid cooling, and the company has plans for Nvidia Blackwell Ultra GPUs. NVIDIA highlighted Verne's developments at Computex in Taipei.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• atNorth: Nordic hyperscale and colocation data center operator with facilities in Iceland, Sweden, Finland, and Denmark. Direct competitor on renewable-powered, high-density AI/HPC colocation serving similar enterprise and AI-cloud customers across Northern Europe.
• Borealis Data Center: Iceland-based data center operator offering 100% renewable, naturally cooled colocation services. Closest like-for-like geographic peer competing for the same Icelandic AI and enterprise workload customers.
• Green Mountain: Norwegian colocation operator specializing in 100% renewable, hydro-powered data centers. Direct competitor for Nordic enterprise and HPC customers, overlapping with Verne's Norway expansion plans.

Broad incumbents

• Equinix: Global colocation and interconnection incumbent with broad European footprint. Competes for large enterprise workloads and is increasingly pushing into sustainable Nordic sites; broader portfolio but lower renewable specialization than Verne.
• Digital Realty: Global hyperscale and colocation operator with extensive European data center portfolio. Competes for hyperscaler and AI enterprise tenants; broader geographic and product reach but less focused on Nordic renewable specialization.
• Stack Infrastructure: Hyperscale-focused data center platform with growing European footprint. Targets similar AI and cloud customers with large-build, high-density campuses; broader portfolio but less Nordic/renewable concentration than Verne.
• EdgeConneX: Global data center provider serving hyperscalers, AI, and edge workloads. Comparable in targeting AI/HPC tenants with high-density builds; operates across multiple geographies with broader product mix.
• Telehouse: Established European colocation operator (KDDI group) with London Docklands flagship. Competes for London-based enterprise customers where Verne operates its 9MW UK site; broader interconnection focus.
• CyrusOne: Global hyperscale data center operator with growing European platform (CyrusOne Nordic). Targets similar AI/cloud tenants; broader portfolio with less Nordic renewable specialization.

Emerging players

• Nscale: UK-based AI cloud infrastructure company and Verne's anchor tenant for the 15MW Iceland GPU deployment. Comparable as an emerging AI-infrastructure specialist; vertical customer/partner relationship with Verne rather than a direct colocation competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/verneglobal
• LinkedInlinkedin.com/company/861642
• Xx.com/verneglobal
• Facebookfacebook.com/verneglobal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verne Global