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VEIR
Woburn, US · Founded 2019 · Delaware corporation · 104 employees on LinkedIn · 17 known investors
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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.
Board
Investors · 17
How we know: the company's own site · funding news · pulse2.com · Not right? Tell us
How we know: Congruent Ventures's portfolio page · the company's own site · pulse2.com · the VCSheet dataset · Not right? Tell us
How we know: the company's own site · Piva Capital's portfolio page · funding news · pulse2.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the company's own site · funding news · pulse2.com · Not right? Tell us
How we know: the company's own site · funding news · pulse2.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: the company's own site · pulse2.com · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Fine Structures Ventures's portfolio page · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: pulse2.com · the VCSheet dataset · Not right? Tell us
How we know: pulse2.com · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Also in the syndicate · 5
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)
- 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)
- 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)
- 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
4 people who came through VEIR went on to found or lead other companies.
Related companies · 4
Companies working in the same space as VEIR.
In the news
Frequently 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.