VEEA INC Stock Price, News & Analysis

Veea Inc. (NASDAQ: VEEA), an intelligent edge infrastructure company, has completed a $9.2 million public offering of common stock and warrants. The offering included 9,189,096 shares and warrants at $1.00 per share with accompanying warrants exercisable at $1.10.

The company received $6.0 million in cash proceeds before expenses. Additionally, 3,239,096 shares were issued to NLabs Inc., an affiliate of the CEO, in exchange for extinguishing outstanding promissory notes worth $3,239,096. The proceeds will fund inventory investments, customer support infrastructure, and working capital.

Veea (NASDAQ: VEEA) has announced the pricing of its public offering, consisting of 6,000,000 shares of common stock and warrants at a combined price of $1.00 per share and accompanying warrant. The company expects to receive $6.0 million in cash gross proceeds.

The warrants will have an exercise price of $1.10 per share, exercisable immediately with a 5-year expiration. Additionally, NLabs, an affiliate of Veea, will exchange $3.239 million in promissory notes for 3,239,096 shares and warrants. The offering is expected to close around August 14, 2025.

Proceeds will be used for inventory investments, customer support infrastructure, working capital, and general corporate purposes. A.G.P./Alliance Global Partners is serving as the sole placement agent.

Veea Inc. (Nasdaq:VEEA) has partnered with Walrus, a decentralized data storage protocol by Mysten Labs, to integrate Walrus into VeeaHub STAX™ edge solution. The collaboration aims to provide high-performance data transport and storage capabilities for decentralized networks.

The integration leverages VeeaHub STAX's Non-Volatile Memory Express (NVMe) architecture to create a secure, scalable, and low-latency data environment. Key features include multi-Gbps NVMe clusters, internetless transactions capability, and access to tens of terabytes of storage for edge AI applications. The partnership enables Walrus to scale with thousands of STAX-NVMe storage nodes while maintaining competitive costs and network speeds comparable to centralized cloud services.

Veea (NASDAQ: VEEA), an edge computing and AI platform innovator, has formed a strategic partnership with StarGroup, a Mexican telecommunications provider, to address digital inequality in rural Mexico. The collaboration will deploy Veea's virtual Trusted Broadband Access (vTBA) platform nationwide, delivering intelligent internet access and IoT integration through VeeaHub devices and VeeaWare software. The solution, implemented with satellite backhaul, will support various applications including precision agriculture, energy monitoring, and public safety. StarGroup will leverage Veea's technology to provide cloud-managed entertainment and connectivity services, enabling remote communities to access digital services through Wi-Fi-enabled devices. The partnership aims to support Mexico's national mission for universal internet access while facilitating education, commerce, and innovation in previously underserved areas.

Veea (NASDAQ: VEEA), an edge computing and AI solutions company, has acquired Crowdkeep's technology for shares of common stock and other consideration. Crowdkeep's enterprise IoT platform will be integrated with Veea's Edge Platform to enhance workplace operations management across various sectors including schools, hospitals, hotels, and manufacturing centers.

The combined solution offers real-time management capabilities with features including edge AI, 5G communications, distributed storage, and enterprise-grade cybersecurity. The acquisition strengthens Veea's position in hybrid edge-cloud computing and expands its global market presence.

As part of the acquisition, Helder Antunes, Crowdkeep's CEO and Veea board member, will join Veea as Executive Vice President and Chief Revenue Officer. Antunes brings over 20 years of executive experience at Cisco Systems and was the founding Chairman of the OpenFog Consortium.

Veea (NASDAQ: VEEA), a leader in hyperconverged heterogenous Multiaccess Edge Computing (MEC) with AI-driven cybersecurity and edge solutions, has announced its participation in the upcoming 37th Annual Roth Conference.

The conference is scheduled for March 16-18, 2025 in Dana Point, CA. Allen Salmasi, co-founder and CEO, will represent the company and conduct one-on-one investor meetings during the event. Interested investors can arrange meetings through their Roth representatives.

Veea Inc. (NASDAQ: VEEA) and Vapor IO have announced a strategic partnership to provide turnkey AI-as-a-Service solutions. The collaboration combines Veea's Edge Platform™ with Vapor IO's Zero Gap™ AI technology to offer enterprise-grade AI solutions without requiring capital-intensive infrastructure investments.

The partnership leverages VeeaWare® software running on VeeaHub® devices and third-party hardware with GPUs, TPUs, or NPUs, enabling AI inferencing with cloud-native edge applications. Vapor IO's Zero Gap AI utilizes Supermicro MGX servers with NVIDIA GH200 Grace Hopper Superchip for high-performance computing.

The combined solution offers ten key capabilities, including VeeaCloud GPU cluster management, on-demand AI compute, federated learning, Agentic AI integration, and seamless connectivity options. The platform aims to reduce AI deployment complexity and accelerate time-to-value for enterprise AI implementations.

Veea Inc. (NASDAQ: VEEA), an edge computing and AI solutions provider, has announced its upcoming conference schedule for early 2025. The company will showcase its Veea Edge Platform at three major industry events:

1. OATSCON25 (Feb 6-7) at Purdue University, focusing on sustainable food-ag systems, where VP Tom Williams will present on rural connectivity

2. AHR Expo (Feb 10-12) in Orlando, the world's largest HVACR industry event, where Veea will demonstrate their platform's capabilities for building management and digital transformation

3. MWC Barcelona 2025 (March 3-6), the world's largest connectivity event, where Veea will present their Edge Platform and Trusted Broadband Access solutions for 5G/Wi-Fi Fixed Mobile Convergence

Veea Inc. (NASDAQ: VEEA) issued a shareholder letter highlighting its position in edge computing and AI-driven solutions. The company's technology portfolio includes VeeaHub products, VeeaWare, and VeeaCloud, delivering cloud-to-edge solutions with over 100 patents across 26 patent families.

The letter emphasizes Veea's role in the 5th Industrial Revolution, focusing on AI inferencing at the edge. Their business model as a Managed Service Provider (MSP) offers AI-as-a-Service (AIaaS) through a subscription-based model, providing scalable solutions for enterprises and SMBs.

Key differentiators include their hyperconverged networking implementation, portable software stack compatibility with third-party hardware, and deployments across various sectors from Indonesian villages to commercial complexes in Florida. The company's strategy focuses on delivering lower total cost of ownership compared to typical edge computing solutions while generating recurring revenue streams.