Veir
Developing a new generation of High Temperature Superconductor (HTS)-based transmission lines.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | $75.0m | Series B | |
| Total Funding | 000k | ||
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VEIR is a technology company based in Woburn, Massachusetts, focused on developing advanced superconducting transmission lines to support the evolving needs of the electric power grid. The company’s technology is designed to address limitations in traditional transmission systems by enabling higher power capacity and reducing energy losses.
VEIR’s transmission lines use high-temperature superconductors (HTS) combined with a streamlined cooling system that utilizes ambient air. This approach allows the cables to carry 5 to 10 times more power than conventional alternatives within a compact footprint. As a result, VEIR's technology may be suitable for dense urban areas, renewable energy connections, and locations with limited space for new infrastructure.
The company aims to provide an option for increasing grid capacity and supporting sectors such as data centers, clean energy deployment, and regional grid upgrades. VEIR continues to develop its systems with a focus on technical scalability, cost efficiency, and reliability.
Keywords: VEIR, superconducting transmission lines, high-temperature superconductors, electric grid, power infrastructure, energy transmission, grid expansion, renewable energy, data center power, urban power solutions, Woburn Massachusetts.