V
Veir
Developing a new generation of High Temperature Superconductor (HTS)-based transmission lines
About Veir
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Woburn, United States
- Employees
- 103
- Open positions
- 15
- Dealroom signal
- 92.5/100
- Industry
- Energy
- Sub-industry
- Clean Energy
- Sector
- Energy, Sustainable Development Goals, Climate Tech, Grid Technology, Superconductors, NIF defense security and resilience, NIF Crisis preparedness, DT and LS, science-based
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jan 2025 | $75M | $300M | Breakthrough Energy Ventures · Tyche Partners · SiteGround · Piva | ↗ |
| GRANTOther financing | Nov 2024 | $76K | — | UK Research and Innovation | — |
Growth signals
Latest recorded traffic for Veir is 8.3K monthly website visits, down 3.5% over the last three months. Veir's team grew 19.8% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Breakthrough Energy Ventures
Congruent Ventures
ARPA-E
US Department of Energy
UK Research and Innovation
Series A12 investors entered at this stage
The Engine
Fine Structure Ventures
Galvanize Climate Solutions
VXI Capital
Munich Re Ventures
Tyche Partners
SiteGround
Piva
Engine Ventures
National Grid Partners (NGP)- MFMicrosoft Climate Innovation Fund
- DHDara Holdings
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Veir on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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