European Tech Startup Evroc Raises $55 Million to Build Hyperscale Cloud, Amid Calls for Sovereign EU Tech Stack.
PorAinvest
jueves, 20 de marzo de 2025, 3:21 am ET1 min de lectura
EVC--
Evroc, a Swedish startup, has recently secured €55 million ($58.8 million) in Series A funding to build a hyperscale cloud in Europe [1]. This investment marks a significant step forward in Evroc's mission to create a secure, sovereign, and sustainable hyperscale cloud that aims to redefine the digital future of Europe. Amid growing calls for a European tech stack and the shifting political landscape, Evroc's timing couldn't be better.
Europe's Digital Sovereignty Agenda:
The concept of digital sovereignty in Europe is not new. With most U.S. tech giants already investing in local infrastructure to comply with EU data residency regulations, the need for control over Europe's digital infrastructure has become increasingly apparent [1]. Geopolitical tensions and concerns about data privacy have further fueled this agenda.
Evroc's Plans and Progress:
Evroc, founded by Mattias Åström in 2019, plans to establish eight data centers across Europe by 2028 [1]. The company has already made significant progress, with two co-location facilities in Stockholm and two in Paris operational. By the end of the second quarter of this year, Evroc expects to have two additional facilities operational in Frankfurt. The company's first flagship data centers in Sweden and France are scheduled for completion in 2026, with a focus on AI workloads.
Evroc's data centers are designed for the energy density required for AI, with racks consuming up to 20 times more power than traditional server racks [1]. Both data centers will be equipped with liquid cooling and will host compute and storage servers.
Industries Requiring Sovereignty:
Evroc is already working with early beta customers in industries requiring a high need for sovereignty, including defense, public sector, healthcare, and financial services [1]. The company's focus on digital sovereignty aligns with the growing trend of European nations seeking to reduce their reliance on foreign-owned digital infrastructure.
Conclusion:
Evroc's €55 million Series A funding is a significant investment in the future of Europe's digital infrastructure. With a focus on security, sovereignty, and sustainability, Evroc's hyperscale cloud has the potential to redefine the digital future of Europe and reduce its reliance on U.S. tech firms.
References:
[1] TechCrunch. (2025, March 20). Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe. https://techcrunch.com/2025/03/20/amid-calls-for-sovereign-eu-tech-stack-evroc-raises-55m-to-build-a-hyperscale-cloud-in-europe/
Evroc, a Swedish startup, has raised $55 million to build a hyperscale cloud in Europe, aiming to create a "secure, sovereign, and sustainable hyperscale cloud to reimagine the digital future of Europe." The move comes amid calls for a European tech stack, independent of US tech firms and shifting political landscapes. Evroc plans to establish eight data centers by 2028 and is already working with early beta customers in industries requiring sovereignty, including defense, public sector, and healthcare.
Introduction:Evroc, a Swedish startup, has recently secured €55 million ($58.8 million) in Series A funding to build a hyperscale cloud in Europe [1]. This investment marks a significant step forward in Evroc's mission to create a secure, sovereign, and sustainable hyperscale cloud that aims to redefine the digital future of Europe. Amid growing calls for a European tech stack and the shifting political landscape, Evroc's timing couldn't be better.
Europe's Digital Sovereignty Agenda:
The concept of digital sovereignty in Europe is not new. With most U.S. tech giants already investing in local infrastructure to comply with EU data residency regulations, the need for control over Europe's digital infrastructure has become increasingly apparent [1]. Geopolitical tensions and concerns about data privacy have further fueled this agenda.
Evroc's Plans and Progress:
Evroc, founded by Mattias Åström in 2019, plans to establish eight data centers across Europe by 2028 [1]. The company has already made significant progress, with two co-location facilities in Stockholm and two in Paris operational. By the end of the second quarter of this year, Evroc expects to have two additional facilities operational in Frankfurt. The company's first flagship data centers in Sweden and France are scheduled for completion in 2026, with a focus on AI workloads.
Evroc's data centers are designed for the energy density required for AI, with racks consuming up to 20 times more power than traditional server racks [1]. Both data centers will be equipped with liquid cooling and will host compute and storage servers.
Industries Requiring Sovereignty:
Evroc is already working with early beta customers in industries requiring a high need for sovereignty, including defense, public sector, healthcare, and financial services [1]. The company's focus on digital sovereignty aligns with the growing trend of European nations seeking to reduce their reliance on foreign-owned digital infrastructure.
Conclusion:
Evroc's €55 million Series A funding is a significant investment in the future of Europe's digital infrastructure. With a focus on security, sovereignty, and sustainability, Evroc's hyperscale cloud has the potential to redefine the digital future of Europe and reduce its reliance on U.S. tech firms.
References:
[1] TechCrunch. (2025, March 20). Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe. https://techcrunch.com/2025/03/20/amid-calls-for-sovereign-eu-tech-stack-evroc-raises-55m-to-build-a-hyperscale-cloud-in-europe/
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