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VEIR

VEIR

Private
Woburn, MassachusettsEnergy & Sustainabilityhttps://veir.com/

Last Round

Series B

Jan 28, 2025

Total Funding Raised

$111.7M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

VEIR is an energy infrastructure company that develops high-temperature superconductor-based transmission lines utilizing passive evaporative cryogenic cooling to increase power delivery capacity.

Sector

Energy & Sustainability

Verticals

Smart Grid, Renewable Energy, Advanced Materials, Energy Management

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

high-temperature superconductingHTSsuperconducting transmission linespower grid infrastructureevaporative coolingcryogenic coolinggrid congestionpower densitysupergriddata center powertransmission capacitydeep techenergy transitionhard tech

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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VEIR Comparables

Compare VEIR with similar companies based on industry and business-model similarity.

VEIR comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
TS Conductor
83%
SuperNode
82%
American Superconductor Corporation
79%

VEIR Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BJan 28, 2025
Series A ExtensionJul 27, 2023
Series AMar 4, 2021
SeedJan 1, 2020

Key People

Founding team and executive leadership

Tim Heidel

Chief Executive Officer

Executive Team

Erhan Karaca

Chief Technology Officer

Executive Team

Jill Macari

Chief Financial Officer

Executive Team

VEIR Investors

Notable investors and investment history

VEIR investors
InvestorRounds
Fine Structure VenturesSeries B, Series A Extension
Munich Re VenturesSeries B
The EngineSeed, Series A
Engine VenturesSeries B, Series A, Series A Extension
National Grid PartnersSeries B
Gigascale CapitalSeries A Extension
Dara HoldingsSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 24, 2026

    Monthly visitors increased 80% MoM, reaching 12.3K.

  • Apr 1, 2026

    The 'ST Series' superconducting system is currently in development.

VEIR Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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VEIR Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about VEIR's valuation, stock price, and market status.

Firmographic Details

HeadquartersWoburn, Massachusetts
Employee Range104
Year Founded2019
Last FundingJan 28, 2025

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