DataCrunch raises €55M in a Series A round to enhance EU AI sovereignty with green cloud infrastructure, led by byFounders and Skaala.

Sep 08, 2025•3 months ago

Amount Raised

€55 Million

Round Type

series a

HelsinkiSoftwareArtificial Intelligence

Investors

Local TapiolaNorion BankDanske BankArmada Credit PartnersNordeaAngel InvestorsJ12 VenturesTesiVarma Pension FundSkaalaBy Founders

Description

Helsinki-based DataCrunch 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, and others, with additional debt financing from Nordea and Armada Credit Partners. DataCrunch strives to address the gap in Europe's AI market by providing a renewable energy-powered AI cloud. The company's total funding reaches €76.5 million since its founding in 2020.

Company Information

Company

DataCrunch

Location

Helsinki, Uusimaa, Finland

About

DataCrunch.io is a European provider of AI computing infrastructure, founded in 2020 by CEO Ruben Bryon. The company aims to become Europe’s first hyperscaler, enhancing service delivery for AI companies with increased computing capacity. DataCrunch offers on-demand, cost-effective access to compute clusters designed specifically for AI workloads, helping businesses scale resources efficiently. With a focus on renewable energy and self-service tools, DataCrunch addresses the growing demand for high-performance computing in the AI sector.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends