DataCrunch raises €55M to boost EU AI sovereignty with green cloud infrastructure
Helsinki-based DataCrunch, a provider of high-performance AI infrastructure, has raised €55
million in a Series A round to scale its compute platform and advance its
ambition to become Europe’s first AI cloud hyperscaler.The round was led by byFounders, Skaala, Varma pension fund, and Tesi, with participation from J12 Ventures and angel investors. Debt
financing came from Nordea and Armada Credit Partners, alongside Danske Bank,
Norion Bank, and Local Tapiola.
With this raise, DataCru…
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