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VEIR

Energy and Technology ~1K employees
Founded
--
Employees (Est.)
~1K
74 leaders known
Total Funding
$75.0M
Funding Rounds
1
Last Funding
2025-01-28

About VEIR

VEIR is dedicated to pioneering superconducting power line solutions, aiming to deliver high power density across the electricity value chain for global capacity growth and grid resilience. Their mission extends to supporting the rapid expansion of data centers by providing advanced power delivery systems.

Products & Services

Advanced Power Delivery Systems:Solutions for data centers, power generation, and utilities, offering 5-10x capacity in the same space, eliminating power delivery bottlenecks, and enabling grid expansion with simpler designs.
Conductors & Cooling Systems:Technology that increases transmission capacity, connects data center campuses faster, empowers power generation in constrained locations, and adds capacity to the grid with fewer permitting requirements.

Specialties

Superconducting Power Lines High Power Density Solutions Data Center Power Delivery Power Grid Expansion Advanced Conductors and Cooling Systems

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series B
T: -
FT: Series B 		A: 75000000
MR: -
FA: $75 million
FAN: 75000000 		D: 2025-01-28
FD: 2025-01-28 		13 investors
Series B Latest
2025-01-28
$75.0M
13 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

T

Tim Heidel

CEO & Co-Founder

LinkedIn (Pro only)
K

Kevin Dunn

Chief Commercial Officer

LinkedIn (Pro only)
S

Steve Ashworth

Co-Founder & Lead Scientific Consultant

LinkedIn (Pro only)
S

Steve Christo

Director of Product

E

Erhan Karaca

VP of Engineering

J

John Paul Kwasie

Head of Business Operations

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Recent News

VEIR Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
veir.com
Industries
Energy and Technology
Company Size
~1K employees (est.)

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Technology Stack

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