Sweden’s startups to build a super written cloud company in Europe have raised 56 million euros ($ 55 million) in series A. EVROC says it is laying the basis for “safe, sovereign and sustainable hypercycle cloud to reconstruct the digital future of Europe.”
This announcement is increasing demand for creating an independent political environment with US technology companies and independent European technology stacks. This week, the alliance all over the European technology industry demanded the “radical behavior” of lawmakers, reducing the region’s dependence on foreign -owned digital infrastructure in the region and promoting its own alternatives to apps, AI models, chips and overall cloud services.
EVROC aims to use these momentum. A three -year -old company plans to build a data center and a variety of cloud services. EVROC, which was released in 2023, explained that it would establish eight data centers by 2028. Today, Stockholm said that there are two joint location facilities and two joint location facilities in Paris.
By the end of the second quarter of this year, the company is expected to run two additional facilities in Frankfurt, and is already working at the first flagship data center in Sweden and France, and the AI workload will be completed in 2026.
EVROC CEO and founder Mattias åström (Figure above) said, “They are designed for the energy density needed for AI.” Both are equipped with liquid cooling, but compute and storage server will also host.
The official launch of EVROC is scheduled at the end of this year, and åström is already working with early beta customers in an industry that requires “high necessity of sovereignty”, including defense, public sector, health care and financial services. He also implied an additional data center next year, but the company is not ready to check the details.
Digital sovereignty
Europe’s digital sovereign agenda is not new. In fact, most US tech giants are already investing in local infrastructure to ensure compliance with EU data residence regulations. AI Darling Openai recently unveiled a new offering for customers to handle and store data in Europe.
However, as the designated scientific tension increases, åström argues that control of Europe’s infrastructure is more important than a simple server location.
For example, Donald Trump was accused of “illegal and unfounded actions” against the United States and Israel, signing an administrative order that approved economic sanctions against the Dutch International Criminal Court (ICC) last month. Such sanctions affect the method of providing services to the organization, and the Guardian report indicates that the ICC relies greatly on Microsoft’s Azure Cloud for data storage.
In other places, Elon Musk, the central figure of the US government, has previously admitted to adjust the Ukrainian access to the Star Link satellite operated by his company SPACEX. More recently, he argued that Ukraine’s full front line would collapse if he chose it to turn it off. MUSK later tracked, but this incident reminded me of the importance of infrastructure independence. This is also the reason why the EU is ahead of its own satellite constellation to compete with Starlink.
Åström said, “I want Europe to control his destiny.” And make something better while we are there. “
Except for the designated scientific confusion, the AI Revolution means that organizations that depend on the previous premises infrastructure must now be fully utilized in consideration of the cloud.
New companies in Europe are already building a cloud infrastructure in Europe, including Europe’s Flexai, Finland’s Datacrunch and NEBIUS in the Netherlands. It is a group that came from the ash of Yandex last year.
However, many of these players focus on AI computing, but EVROC aims to build a broader and more similarly developer -friendly hypercycle cloud that is more similar to AWS and ILK.
More than 60 employees of EVROC focus on developing software, spreading all over Sweden, France, and the UK pointed out that London Hub was not originally planned, but it should attract the best talent from major technology companies.
Åström said, “I’m very excited about our London office, which was not part of the initial plan, but it was the right decision to get the extremely smart people working for the early days.
Show me money
When EVROC started in Stealth with 13 million euros financing two years ago, åström said he plans to raise $ 3 billion in capital to Techcrunch. By August last year, the news was suspended that EVROC raised 44 million euros as part of Series A, and now it has been closed at 56 million euros by investing in US European venture companies, BLISCE, EQT Ventures, Norrsken VC and GIANT Ventures.
Still, the elephant does not escape from the room. Building in a place near HyperScalers has built, it requires almost no cash. Do EVROC still plan to raise billions of dollars?
Åström said, “It is still the same. But the key here is to get a software stack.” There are many data centers in Europe, but we don’t actually have the cloud. This stock is actually helping to build a software stack.
The company has grown footprints in the late 2025, following the financing model similar to other cloud infrastructure players such as COREWEAVE.
Åström said, “To build a data center requires a lot of additional investments, but the good news is that you can raise funds with debt.
