VEIR

Woburn, MA · Founded 2019 · Privately Held (backing)

Developer of an evaporative cryogenic cooling technology designed to solve the high-temperature superconductor cooling challenge. VEIR is based in Woburn, MA and was founded in 2019. Its last reported valuation was $170 million in Jan 2025. It has raised $117 million.

Last reported valuation
$170.0M
Oct 2026
Priced at
—
Total raised
$116.9M
Last round
—

VEIR key facts

as of Oct 2026
  • Developer of an evaporative cryogenic cooling technology designed to solve the high-temperature superconductor cooling challenge.
  • VEIR is valued at approximately $170.0M as of Oct 2026 (last reported valuation).
  • It has raised $116.9M; the latest was Later Stage VC ($75.0M) in Jan 2025.
  • Notable investors include F-Prime Capital, Breakthrough Energy, Free Electrons, Microsoft, Engine Ventures — 17 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$170.0M

VEIR's last reported valuation, Jan 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
Free account
More of VEIR with a free account
  • ·The complete investor list: 17 names
  • ·Watch VEIR: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

VEIR funding rounds

No rounds on record

No funding rounds for VEIR are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

Pro members can request priority coverage with a 48-hour turnaround.

VEIR valuation

VEIR's last reported valuation was $170 million in Jan 2025. No priced round, secondary trade or fund mark has surfaced since.

VEIR investors

17 investors are on record for VEIR, including F-Prime Capital, Breakthrough Energy, Free Electrons and Microsoft. By type, the record holds 6 venture capital firms and 1 family office.

About VEIR

Developer of an evaporative cryogenic cooling technology designed to solve the high-temperature superconductor cooling challenge. The company's technology utilizes commercial superconducting tape to enable power delivery over distribution-scale infrastructure without resistive losses, enabling clients to reduce permitting and ensure economical facilitation of siteable electric transmission lines.

Sector
Energy
HQ
Woburn, MA, United States
Founded
2019
Employees
55
Website
veir.com/
Ownership
Privately Held (backing)

Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.