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Recently Funded|Amount: USD 46.4M|Industry: Technology, Information and Internet

evroc Secures $46.4 Million in Series A Funding to Drive the Future of Hyperscale Cloud Services Across Europe

evroc

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11-50 employees employees (Est.)
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In a significant boost to its mission of powering a digital Europe, evroc has successfully raised €46.4 million in funding, a testament to the growing confidence in its vision. Founded with the goal of establishing a secure, sovereign, and sustainable hyperscale cloud, evroc is dedicated to providing best-in-class services and an exceptional developer experience. Headquartered in Stockholm, Sweden, with a dynamic development office located in Sophia-Antipolis, France, evroc aims to scale its operations significantly. The new capital will facilitate the expansion of its infrastructure, ensuring that evroc meets the increasing demand for digital services while adhering to the highest standards of security and sustainability. By 2028, the company plans to operate eight hyperscale data centers and three software development hubs across Europe, creating over 3,000 jobs in the process. The funding round received strong support from leading investors, including EQT Ventures and Norrsken VC, who share evroc's vision of a digitally empowered Europe. This significant investment will not only propel evroc towards its ambitious growth goals but also strengthen its position as a key player in the European cloud market. As companies increasingly turn to cloud solutions that prioritize sovereignty and sustainability, evroc stands ready to lead the charge, providing trustworthy infrastructure that fuels innovation across the continent. This funding marks an exciting chapter in evroc's journey, one that promises to enhance the digital landscape and foster a robust ecosystem for developers and enterprises alike.
September 2, 2024

Buying Signals & Intent

Our AI suggests evroc may be interested in solutions related to:

  • Cybersecurity
  • Data Privacy Services
  • Sustainable Technology Solutions
  • Cloud Infrastructure
  • European Data Centers

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