Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe.”

The announcement comes amid growing calls to create a European tech stack, one independent of U.S. tech firms and the shifting political landscape. Just this week, a coalition from across Europe’s tech industry called for “radical action” from…