evroc
Building a sustainable hyperscale cloud
- 21-100 employees
- B2B
- Data storage
- Sustainability
- SaaS
- Cloud Computing
- Norrmalm, Stockholm, Stockholms län
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Company mission
To power a digital Europe by building a secure, sovereign, and sustainable hyperscale cloud that will put an end to the foreign dominance of the European cloud market.
Our take
Growing concerns over soaring costs, security issues, and a lack of data control in cloud computing have prompted businesses to seek alternatives to the dominant Big Tech-driven public cloud services. evroc is addressing these challenges by constructing fully localised, hyperscale data centers across Europe.
By combining next-generation energy-efficient technologies like "eco load balancing" with this network of data centers, evroc aims to create the world's cleanest cloud, seamlessly shifting data and workloads to areas with readily available renewable energy. The company differentiates itself by emphasizing local development and R&D efforts, aiming to create thousands of jobs across the continent.
As tensions between Europe and US Big Tech giants escalate and regulatory efforts for "digital sovereignty" gain momentum, evroc's launch couldn't be more timely, and it has the potential to carve out a significant space within the market. Having already secured substantial funding, it intends to raise more through various sources to bring its first two data centers to life.
Freddie
Company Specialist at Welcome to the Jungle
Funding (1 round)
Jun 2023
$13.6m
SEED
Total funding: $13.6m
This company has top investors
Leadership
Mattias Åström
(Co-Founder & CEO)Previously the CEO of Eta Wireless, Eta Devices, C3 Technologies, and Nordnav Technologies.
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Jobs (4)
Software Engineering
People, HR, Recruitment