Evroc secures record-breaking €50m Series A funding to challenge US cloud dominance
20 mars 2025
16:44
Stockholm-based Evroc wants to make Europe more digitally independent through a more robust infrastructure for cloud and AI services.
Now the company has raised over €50 million in what stands as the largest Series A funding round in Nordic tech history.
Now the company has raised over €50 million in what stands as the largest Series A funding round in Nordic tech history.
Europe is still lagging behind when it comes to cloud adoption, but the landmark funding round for Evroc aims to accelerate the push for digital independence through sovereign hyperscale cloud.
"For too long, the European cloud and AI landscape has been dominated by foreign players," says newly appointed Evroc board member Alexandre Mars. "It is time for a European champion to rise and challenge the status quo."