Fundraising Fox

VEIR

Woburn, US · Founded 2019 · Delaware corporation · 12 known investors

veir.com ↗

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.

AI & Machine LearningDeep TechEnergyHardwarein /veir-energy

Founders & leadership

TH
Tim HeidelinCEO & Co-Founder
DS
Doug StewartDirector
AW
Adam WallenExecutive Officer, Director

Investors · 12

Congruent Ventures✓ verifiedSan Francisco · $100K – $5M
Piva Capital✓ verifiedSan Francisco
Tyche Partners✓ verifiedLos Altos · $1M – $10M
Breakthrough Energy Ventures✓ verifiedBoston · $500K – $50M
National Grid Partners✓ verifiedLos Gatos
VXI Capital✓ verifiedPark City
Baruch Future VenturesSan Francisco · $100K – $1M
Fine Structures VenturesCambridge
The Engine VenturesCambridge
Galvanize Climate Solutionsreported
Munich Re VenturesreportedSan Francisco
PETRONAS VenturesreportedKuala Lumpur

Reported raises · per SEC filings

Form D private placements
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news