VEIR is a U.S.-based designer and manufacturer of superconducting power delivery systems for AI data centers, founded in 2019 and headquartered in Woburn, Massachusetts. Its integrated systems pair superconducting cables with cryogenic cooling, controls and monitoring to move significantly more power through a smaller footprint than copper-based infrastructure, cutting installation labor, material use and time-to-power. After demonstrating a 3-megawatt superconducting power delivery system, VEIR is working with data center customers and partners on AI-factory reference designs as it scales toward commercial deployment.
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Oct 8, 2026
Latest raise
Funding activity · 1 round
Oct 8, 2026
$110M
Series C+
Led by Matter Venture Partners
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