DataCrunch raises 55 MEUR

(Helsinki, develops renewable-powered AI cloud infrastructure): Has raised 55 MEUR in a funding round from byFounders with member Sara Rywe, Skaala, Varma, Tesi, J12 Ventures, and debt providers Nordea, Armada Credit Partners, Danske Bank, Norion Bank, and LähiTapiola. “European organisations are facing a critical choice: continue depending on foreign cloud providers or invest in local infrastructure that offers true data sovereignty,” comments Ruben Bryon, CEO and co-founder of DataCrunch.