EVROC has 50 million euros to enhance European and cloud artificial intelligence

EVROC in Sweden’s data center collected more than 50 million euros ($ 54.3 million) in a series of financing A.

Under the International Investment Company, the financing round was “completed” in 2024.

The tour also witnessed the participation of Ventures Transatlantic Investor Giant Ventures, Packetes Eq Ventures and NorrsKen VC.

The company plans to use the investment to accelerate the development of high infrastructure in Europe.

“The year 2025 is a training year for EvROC. With the recent advertisements of the artificial intelligence factory in France and our plans for the artificial intelligence data center in Stockholm, this financing round was useful in setting the foundation for the next stage of growth,” said the founder and director of the Evroc Mattias åström.

“EQT Ventures and Norrsken VC, along with our new investors, will be necessary to pay our European expansion.

“Together, we aim to build a safe, sovereignty and sustainable platform for the artificial intelligence platform for Europe, and thus enable the next generation of startups in the European Union, nourish the creation of job opportunities, and lead economic growth.”

In February 2025, EVROC announced plans to create the first artificial intelligence factory in Mougins, France.

The planned data center is expected to enjoy a 96 -mega -watt of 50,000 graphics processing units. It is planned to be operated by 2025, with gradual capacity expansion.

Moreover, EVROC plans to secure two additional sites, each with more than 100 megawatts, in France in 2025.

In 2023, EVROC He said he set a goal to collect 3 billion euros Within two years to build two centers of excess data in Europe.

By the end of this contract, EVROC imagines the operation of ten surplus data centers, and employs more than 10,000 people.

“Evroc provides 50 million euros to enhance European artificial intelligence and cloud” was originally created and published by RulingThe brand owned by Globaldata.

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