Funded Tech Companies
Evroc
Headquartered in Stockholm, Evroc has funding from Norrsken VC and EQT Ventures.
Company Overview
Company Name
Evroc
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
Katarinavagen 15
Stockholm, 116 45
SE
Stockholm, 116 45
SE
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Founded to power a digital Europe, evroc is building a secure, sovereign and sustainable hyperscale cloud that will put an end to the foreign dominance of the European cloud market. The lack of competitive home-grown cloud providers poses a serious challenge for Europe. Not only because citizens' data is placed under foreign ownership by companies operating under laws that conflict with European privacy legislation. It also poses a real threat to Europe's long-term competitiveness in a world where the United States and China are advancing much faster. Foreign cloud companies end up doing little software and hardware development in Europe. This keeps the positive ripple effects and value creation for the economy outside of the EU.
Last Transaction
6/6/2023
Financing History
Date
Type
Amount
Management Team
Company Investors
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