Veea Merges with Plum, Debuts on Nasdaq with New Capital

Veea ( (VEEA) ) has issued an announcement.

Veea Inc., a leader in hyperconverged multiaccess networks and AI-driven edge computing, has successfully merged with Plum Acquisition Corp. I, and will trade on the Nasdaq under “VEEA” for its common stock and “VEEAW” for its warrants. The merger brings a combined enterprise value of approximately $335 million and includes fresh capital from a private placement. Veea’s innovative platform integrates networking, computing, and security, offering a “Cloud-in-a-Box” solution at the network’s edge. This positions Veea well to address the growing demand for edge infrastructure solutions across various industries.

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