VEIR
Woburn, US · Founded 2019 · Delaware corporation · 104 employees on LinkedIn · 17 known investors
VEIR manufactures low- and medium-voltage superconducting systems that deliver electricity for high-performance AI data centers. The company serves hyperscalers, chip developers, and data center operators seeking increased power density and reliability.
Founders & leadership
VEIR was founded in 2019 by Tim Heidel.
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Board
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Doug StewartBoard director
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Adam WalleninChief Executive Officer, Board Member and Co-Founder2020–2025Investor at Breakthrough Energy Ventures
Investors · 17
Breakthrough Energy Ventures✓ verifiedBoston · $500K – $50M
Congruent Ventures✓ verifiedSan Francisco · $100K – $5M
Piva Capital✓ verifiedSan Francisco
Tyche Partners✓ verifiedLos Altos · $1M – $10M
National Grid Partners✓ verifiedLos Gatos
VXI Capital✓ verifiedPark City
Baruch Future VenturesSan Francisco · $100K – $1M
Fine Structures VenturesCambridge
The Engine VenturesCambridge
Galvanize Climate Solutionsreported · 2 sourcesSan Francisco
Munich Re VenturesreportedSan Francisco
PETRONAS VenturesreportedKuala Lumpur
Also in the syndicate · 5
Dara HoldingsEngine VenturesFine Structure VenturesMicrosoft’s Climate Innovation FundSiteGround
Funding
SEC filings, press & company announcements$36.7M disclosed across 3 of 6 rounds · 2020–2025
- Undisclosed amountSeries BFeb 2025
Munich Re Ventures (lead), Breakthrough Energy Ventures, Congruent Ventures, Dara Holdings, Engine Ventures, Fine Structure Ventures, Galvanize Climate Solutions, Microsoft’s Climate Innovation Fund, National Grid Partners, Piva Capital, SiteGround, Tyche Partners, VXI Capital
Source ↗ - Undisclosed amountSeries BJan 2025Source ↗
▶$24.9MraisedMay 2023 · 11 investors · OtherRule 506(b)
▶$24.9MraisedMay 2023 · 11 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Joshua PosamentierDirector
- Tim HeidelExecutive Officer, Director
- Christopher PoirierDirector
- Michael KearneyDirector
- Daniel LeffDirector
- Krzysztof ZadloDirector
- Offering amount
- $24.9M
- Amount sold
- $24.9M
- First sale
- May 2023
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$11MraisedMar 2021 · 7 investors · Other EnergyRule 506(b)
▶$11MraisedMar 2021 · 7 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Tim HeidelDirector
- Katie RaeDirector
- Joshua PosamentierDirector
- Adam WallenExecutive Officer, Director
- Offering amount
- $12M
- Amount sold
- $11M
- First sale
- Feb 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$850KraisedJan 2020 · 4 investors · Other EnergyRule 506(b)
▶$850KraisedJan 2020 · 4 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Doug StewartDirector
- Adam WallenExecutive Officer, Director
- Tim HeidelDirector
- Offering amount
- $5M
- Amount sold
- $850K
- First sale
- Jan 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through VEIR went on to found or lead other companies.
Competitors · 4
by search overlap
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SoundCloud5 shared keywordsAudio distribution and music-sharing platform for artists and creators.
EquityZen5 shared keywordsEquityZen operates an online marketplace that gives accredited individual investors access to shares in late-stage private companies through secondary market transactions. Now part of Morgan Stanley, the platform provides private market data, offering documents, and guided investment processes for buying and selling pre-IPO equity.
Nasdaq Private Market4 shared keywordsNasdaq Private Market operates infrastructure for private-company securities, offering liquidity programs (tender offers, buybacks, auctions), a secondary marketplace for accredited investors to buy and sell pre-IPO shares and funds, market data and intelligence, patented settlement technology, and capital-raising solutions. It serves private companies, employee shareholders, institutional and individual investors, and banks/brokers.
Companies competing with VEIR for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Top Power Grid Startups by Fundraising (2026) – New Market Pitchnewmarketpitch.com · Jul 2026Frequently asked questions
- What does VEIR do?
- VEIR manufactures low- and medium-voltage superconducting systems that deliver electricity for high-performance AI data centers. The company serves hyperscalers, chip developers, and data center operators seeking increased power density and reliability.
- Who founded VEIR?
- VEIR was founded by Tim Heidel in 2019.
- Who are VEIR's investors?
- VEIR's investors include Breakthrough Energy Ventures, Congruent Ventures, Piva Capital, Tyche Partners, National Grid Partners, VXI Capital, Baruch Future Ventures, Fine Structures Ventures and 4 more.
- How much funding has VEIR raised?
- VEIR has disclosed $36.7M raised across 3 of its 6 known rounds.
- Where is VEIR headquartered?
- VEIR is headquartered in Woburn, US.