Evroc Raises €50.6M to Build Sovereign European Hyperscale Cloud and AI Infrastructure

Evroc's Ambitious Vision for European Cloud Sovereignty

Swedish startup Evroc has raised €50.6 million ($55 million) in Series A funding to build a hyperscale cloud company in Europe. The company aims to create a "secure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe" 1

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. This move comes amid growing calls for a European tech stack independent of U.S. tech firms and the shifting political landscape.

Funding and Expansion Plans

The funding round, led by Blisce with participation from EQT Ventures, Norrsken VC, and Giant Ventures, marks a significant milestone for Evroc 2

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. The company plans to use this capital to expand its data center network and develop its cloud infrastructure platform.

Evroc currently operates two co-location facilities in Stockholm and two in Paris. By the end of Q2 2025, it expects to have two additional facilities operational in Frankfurt 1

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. The company is also working on flagship data centers in Sweden and France, scheduled for completion in 2026, with a primary focus on AI workloads.

Technical Specifications and AI Focus

Evroc's data centers are designed to handle the high energy density required for AI workloads, with racks capable of consuming 20 times the power of traditional server racks 1

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. The facilities will be equipped with liquid cooling and host compute and storage servers optimized for AI applications.

In France, Evroc is building an "AI factory" near Cannes, expected to come online later this year with a capacity for up to 50,000 GPUs and a power consumption of up to 96 megawatts 2

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. In Sweden, the company is constructing an AI data center in Arlandastad, designed to accommodate up to 16,000 graphics cards and scheduled to open in the second half of 2026 2

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European Digital Sovereignty

Evroc's mission aligns with the growing demand for European digital sovereignty. Recent geopolitical events have highlighted the risks of relying on foreign-owned digital infrastructure. For instance, sanctions against the International Criminal Court in the Netherlands affected its access to Microsoft's Azure cloud, while Elon Musk's control over Starlink satellites raised concerns about infrastructure independence 1

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Mattias Åström, Evroc's CEO and founder, emphasized the importance of Europe controlling its own destiny in the tech sector. "I simply want Europe to control its own destiny," Åström stated, "And while we're at it, try to build something that is better" 1

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Sustainability and Future Prospects

Evroc claims its platform will be the world's cleanest cloud when fully operational. The company plans to implement eco load balancing, which involves shifting customer workloads to data centers where renewable energy is most readily available 2

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. Additionally, Evroc intends to build some data centers in locations with opportunities for natural cooling to reduce power usage.

By 2030, Evroc aims to operate 10 hyperscale data centers and employ more than 10,000 people across Europe 3

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. The company plans to raise significantly more capital later in 2025, following a funding model similar to other cloud infrastructure players like CoreWeave 1

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Market Position and Competition

While several European startups are building cloud infrastructure, including France's FlexAI, Finland's DataCrunch, and Nebius in the Netherlands, Evroc distinguishes itself by aiming to build an extensive, developer-friendly hyperscale cloud more akin to AWS and its competitors 1

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As Europe seeks to establish its technological independence, Evroc's ambitious project represents a significant step towards creating a sovereign, sustainable, and competitive cloud and AI infrastructure within the continent.