News

November 28, 2023

Evroc plans €600m raise to build Europe’s first hyperscale cloud in Stockholm

The company is set to include a large AI infrastructure to help develop sovereignty in Europe

Mimi Billing

3 min read

Just months after evroc pledged to raise €3bn within two years, the Swedish startup has revealed that it will build its flagship hyperscale cloud centre next to Stockholm’s international airport.

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Picture of Mattias Åström, CEO of evroc
Mattias Åström, CEO of evroc
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Mimi Billing

Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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The people, companies and trends shaping European AI and deeptech.