Veir Secures $110M Series C Funding Led By Matter Venture Partners And Tyche Partners

Veir, a Woburn, MA-based provider of superconducting power delivery systems for AI data centers, raised $110M in Series C financing, co-led by Matter Venture Partners and Tyche Partners, bringing its total funding to $225M. Led by CEO Tim Heidel, the company will use the funds to expand manufacturing capacity, advance its product portfolio, and build technical and commercial capabilities to scale adoption of its superconducting power delivery platform. FOUNDERS: Tim Heidel & Steve Ashworth INVESTORS: Matter Venture Partners, Tyche Partners, LG Technology Ventures, Gates Frontier, Sabanci Climate Ventures, Hui Capital, Engine Ventures, Galvanize Climate Solutions, Piva Capital, Congruent Ventures & VXI Capital ROUND: Series C AMOUNT: $110,000,000 HQ: Woburn, Massachusetts #VentureCapital #Veir #TimHeidel #MatterVenturePartners #TradedVC