Evroc, a Swedish startup, has raised $55 million to build a sovereign, hyperscale cloud company in Europe, aiming to establish eight data centers by 2028, with facilities already in Stockholm, Paris, and forthcoming in Frankfurt. This move aligns with the growing call for European tech independence and secure infrastructure, particularly amid geopolitical tensions. Evroc's plan includes building AI-focused data centers equipped with liquid cooling, with a formal launch set for later this year. The company continues to seek further investment to expand its operations and infrastructure.
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