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In Europe, a Swedish start aiming to set up a hypertension cloud company raised € 50.6 million euros ($ 55 million) in a number of series. EuroAs called, “Europe’s digital future” is based on the foundations of a reliable, sovereign and sustainable hyperscale cloud.
The ad comes in one Growing calls for Create a European Tech StackThe United States is an independence of technological companies and the variable political landscapes. Only this week, a Coalition between the technological industry of Europe Push for the alternatives of the region, the MPs called “radical movement” to reduce the confidence of the region’s foreign digital infrastructure app, AI models, chips and full gamut of cloud services.
Evroc aims to capitalize this point. The three-year-old company plans to establish a number of information centers and cloud services. In itself Start in 2023Evroc plans to create eight data centers by 2028. Today, he said that there are two places in the other two places in Stockholm and Paris.
At the end of the second quarter of this year, the company expects two additional facilities in Frankfurt, which will be engaged in working in the first flagship information centers in Sweden and FranceIn 2026, it is planned to complete with the EU workload.
“They are [….] For the Energy Density required for the AI, where the racks can consume 20 times a traditional server shelf can do 20 times, “Evroc CEO and founder Mattias Åström “Description above) said to TechCrunch. “Both will be equipped with liquid cooling, but calculation and storage servers will also be held.”
The official launch of EU, at the end of this year, adding that the “Sovereignty”, “Sovereignty”, “high needs”, including defense, public sector, health and financial services, adds that it has been working with Beta customers. The company also pointed out in additional information centers next year, although the company is not ready to confirm the specification.
Digital sovereignty
Europe’s The Digital Sovereignty Agenda is nothing new. In fact, most technological giants of the United States We are already investing in Local infrastructure To ensure compliance with EU information residency rules. Ai sweetheart Openai also opened recently A new offer that allows customers to process and store data in Europe.
However, with geopolitical tensions, Aström, the European Infrastructure claims to work more than only server locations.
For example, Donald Trump last month The executive signed the order The Netherlands accuses the International Criminal Court (ICC) (ICC) and the ICC), the United States and Israel. These sanctions affect how technological companies can serve organizations Guardian report ICC indicates that ICC has a lot of trust in Microsoft’s Azure cloud for data storage.
Elsewhere, elon musk – now a central figure in US government operations – has previously accepted to choke His company is in the entrance to the Starlink satellites managed by SpaceX. Recently, claimed If Ukraine chooses to turn off the entire front line, it will crash. Although Then the musk then withdrewThe incident served as another reminder of the independence of infrastructure. As well as the EU ahead with plans To the opposing Sovereign Satellite Zodiacle to the opponent Starlink.
“I just want Europe to manage his own fate,” he said. “And even if we are, try to build something better.”
The AI revolution, which was put aside in geopolitical confusion, means that previously the infrastructure of infrastructure previously used to use the cloud full use of AI.
Several European beginnings in Europe, including cloud infrastructure in Europe France’s Flexai, Finland’s Datacunchand Nebius in the Netherlands – a creature The ashes of Yandex appeared last year.
However, many of these players focus on the AI calculation, Evroc aims to build a large, developing friend hyperscale cloud, which looks more similar to the first to the first.
The batch of the 60th annual employees of the EUPROC was aimed at the development of the program, not planned in Sweden, France and the United Kingdom, but the London hub is not planned, but the main technological companies are needed to attract the best talents.
“I really am very excited about our London office – this was not part of the initial plan, but it was the right decision to get extremely smart people working for hyperscalers,” he said.
Show me money
When EUROC started something secret two years ago In the financing, 13 million euros, TechCrunch said he planned to raise 3 billion euros in capital over several years. Until August last year, the news violated the fact that the Ovant was removed 42 million euros As part of a series, it is now closed at the level of 50.6 million euros invested in the company’s company Lucky, EQT Ventures, Northern lights vcand Giant Businessites.
There is nothing to avoid the elephant in the room. Setting up with the construction of hyperscalers is required to be a close hole in cash – Evroc still plans to train billions?
“It’s still like this but here’s the key [first] To get the stack of this program, “Åström continued.” Europe has a large number of data centers, but there is not really that cloud. This capital round really helps us build a program stack. “
The company plans to raise more capital in a model of other cloud infrastructure such as Coreweave, in 2025, Coreweave from the Coreweave Debt against the hostage For example Nvidia chips.
“The creation of data centers will require a lot of additional investment, but the good news is that this can be financed by the debt,” he said.
