evroc, a Stockholm, Sweden-based company providing cloud and AI services for European businesses, raised over €50M in Series A funding.
The round was led by blisce/ with participation from EQT Ventures, Norrsken VC and Giant Ventures.
The company intends to use the funds to accelerate launch of an AI factory in Mougins, France, and the acquisition of land for a flagship AI data center in Stockholm, Sweden.
Led by Mattias Åström, Founder & CEO, evroc is building hyperscale cloud and critical AI infrastructure. It has development offices in Sophia Antipolis, France, and London, the United Kingdom. By 2030, the company will operate 10 hyperscale data centers, employing more than 10,000 people, across Europe.
FinSMEs
24/03/2025