Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

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A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe.”

The announcement comes amid growing calls to create a European tech stack, one independent of U.S. tech firms and the shifting political landscape. Just this week, a coalition from across Europe’s tech industry called for “radical action” from…



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Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe


A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe.”

The announcement comes amid growing calls to create a European tech stack, one independent of U.S. tech firms and the shifting political landscape. Just this week, a coalition from across Europe’s tech industry called for “radical action” from…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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