The Vult Private Cloud Company is considering going out in the coming years.
Kevin Cochrane, marketing director at Vírt, has said that the company will seek to make an initial public offer “at some point in the coming years.”
Although he did not provide an exact schedule, he said This was partly motivated the financing round in December 2024.
Victr raised $ 333 million in the round. Led by Lumininarx Capital Management and AMD Ventures, the company was valued at 3500 million dollars. At that time, The company announced that financing would be used for its global expansion in AI infrastructureincluding the acquisition of more GPU and the expansion of its presence in the cloud.
Cochrane has pointed out that the company is taking its time. “We are more conservative and entrenched; we take our time to do things well.”
-“If we look at the European startups, they don’t seek to enrich themselves quickly. That is a more proper approach to Silicon Valley: to raise a lot of money and then withdraw it in a couple of years. Our mentality is that we love what we do, we want to change the world and we are building in the long term, and we will reach a point where certain decisions such as the IPO have sense.”
Victr was founded in 2014 by David Aninowsky. At the moment, The company has 32 regions of cloud data centers on six continents and it is defined as the private cloud infrastructure company in the world.
Also in December 2024, Victr launched a cluster of GPU AMD supercomputers in its data center region in the Chicago cloud in collaboration with AMD, Broadcom and Juniper Networks.
Victtr began offering the AMD MI300x instinct gpu through its AI cloud in September 2024and the AMD instinct mi325x GPUs in February 2025.
The company’s GPU cloud also offers GPU NVIDIA H100, GH200 and Chips B200. In April 2024, the company launched a new offer of sovereign and private cloud.
