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161 Finland’s DataCrunch raises €55 million to challenge US hyperscalers and accelerate Europe’s AI sovereignty

EU-Startups
David Cendon Garcia @ EU-Startups · today 05:00 EDT

Finland’s DataCrunch raises €55 million to challenge US hyperscalers and accelerate Europe’s AI sovereignty

Helsinki’s DataCrunch, a provider of high-performance AI infrastructure, has raised a total of €55 million in a Series A round to scale its compute platform and further its ambition to become Europe’s first AI cloud hyperscaler. This round was led by byFounders, Skaala, Varma pension fund, and Tesi, with additional participation from J12 Ventures and ...

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