Evroc Secures $55M to Launch Sovereign Cloud in Europe

Evroc Secures $55M to Launch Sovereign Cloud in Europe
Swedish startup Evroc has raised €50.6 million ($55 million) in Series A funding to establish a hyperscale cloud infrastructure in Europe. The initiative seeks to create a secure and sustainable digital ecosystem independent of U.S. tech giants. Amid rising geopolitical tensions, Evroc plans to construct data centers across Europe, with two already operational in Stockholm and Paris. The company aims to focus on AI workloads and is set to launch later this year, catering to sectors requiring high sovereignty, including defense and healthcare. CEO Mattias Åström emphasizes the importance of Europe controlling its own digital destiny.