The construction of the Hyper Scale Cloud Company in Europe has aimed to accumulate Swedish Startup in the Series A Fund .650.6 million ($ 55 million). EuroAs it is said, it says that it is “a safe, independent and sustainable hypertles cloud for the restoration of Europe’s digital future.”
This announcement comes between the announcement Rising calls to Create a European Tech StackTransfer of an independent and political land from American tech firms. Only this week, A Alliance with the Tech Industry all over Europe Foreign -owned digital infrastructure called for a “radical action” by lawmakers to reduce the region’s dependence, in which the substitute alternatives could be pushed forward. AppsFor, for, for,. AI modelFor, for, for,. Chips And the complete aspect of cloud services.
The purpose of the EVROC is to take advantage of this pace. The three -year -old company plans to develop a row of data centers and cloud services. On it Launch in 2023Everroke outlines plans to set up eight data centers by 2028. Today, it says it has two partners in the Stockholm and one and two in Paris.
By the end of the second quarter of this year, the company expects two additional facilities in Frankfurt, work at its first flagship data centers in Sweden. And FranceSchedule for completion in 2026 with AIwork loads, as basic attention.
“He [….] Designed for energy density needed for AI, where racks can use 20 times that a traditional server rack can rack, “Arek’s CEO and founder Metasis Estamum (The picture above) told the Tech Crunch. “Both will be equipped with liquid cooling but will also host computers and storage servers.”
The EVROC’s official launch continues later this year, as well as Easter, adding that it is already working with early beta consumers in industries, which requires “high need for sovereignty”, including defense, public sector, health care and financial services. He also pointed to additional data centers coming next year, though the company is not ready to confirm the details.
Digital autonomy
European The agenda of digital sovereignty is nothing new. In fact, mostly American tech companies Are already investing I Local Infrastructure Ensure the European Union data residence regulations. Luxury Openi also recently masked A new offer that facilitates users to process and store data in Europe.
But with the height of geopolitical stress, Easter argued that controlling Europe’s infrastructure is more important than the server locations.
For example, last month Donald Trump Signed an executive order Allowing economic sanctions against the International Criminal Court (ICC) in the Netherlands accused of “illegal and baseless actions” against the United States and Israel. These restrictions affect how tech companies can serve organizations, The Guardian report This is indicated that Microsoft’s Ezore Cloud relies heavily on the ICC data to store data.
Somewhere else, Elon Musk – who is now a central figure in US government operations – before Entered in throttleing Ukrainian access to Star Link Satellite, which operates by his company SpaceX. Right now, He claimed If he chooses to take off, the entire front line of Ukraine will fall. Though Kasturi later tracked backThe event served as another reminder of the importance of freedom of infrastructure. And that’s why the European Union is To move forward with plans For your sovereign satellite tower to competition the star link.
“I just want Europe to control its destination.” “And when we are on it, try to make something better.”
In addition to the geopolitical turmoil, the AI Revolution means that organizations first depend on Premies Infrastructure, it should now be considered to take full advantage of the cloud.
Many European Startups are already building cloud infrastructure in Europe, including Flexy of FranceFor, for, for,. Finland’s Data CrunchAnd Neties in the Netherlands – an entity that Came out of Yandex’s ash Last year
However, while many of these players focus on AI computing, Aurocan aims to develop a wide, developer -friendly hyper -scale cloud that is equivalent to AWS and its ILK.
Most of the more than 60 employees of Everrook focuses on software development in Sweden, France, and Easter of the UK noted that London’s center was not actually planned, but it was necessary to attract high -tech firms.
“I’m actually very excited about our London office – this was not part of the initial project, but it was the right decision to get the most smart people working for hypersonal.”
Show me the money
Jabuk Was launched out of stealth two years ago Million, with a financing of 13 million, told Tech Crunch that it plans to raise a maximum of $ 3 billion worth of capital in a couple of years. Until August last year, the news broke down that Everk had picked up Million 42 million As part of the series A, and now the round with the investment of the American European venture firm is closed at 60.6 million. HappinessFor, for, for,. EQT VenturesFor, for, for,. Northern Lights VCAnd Giant project.
Although the elephant is not escaped in the room. What hypersclers has created requires a pit near cash to build anything nearby-so does Everroke still intend to collect billions?
“There is still the same, but the key here is [first] Getting this software stack, “Starter continued. This equity round is really helping us to create a software stack.
The company plans to collect more capital later in 2025, followed by cloud infrastructure players such as Coriovs, which has increased its image, which has increased its image. Borrowing against a suicide attack Such as Nvidia chips.
“The construction of data centers will require a lot of additional investment, but the good news is that you can provide it with loan financing.”