DataCrunch, a Helsinki-based cloud infrastructure provider, has recently secured €13 million in seed funding to expand its specialised computing services across Europe. The investment round was led by byFounders, with participation from J12 Ventures, Local Tapiola, Nordea, and several technology sector investors. This funding will enable DataCrunch to develop its cloud infrastructure specifically optimized for artificial intelligence workloads.
Founded in 2020 by Ruben Bryon, DataCrunch offers a cloud computing platform that addresses the challenges of running complex AI operations at scale. Their infrastructure-as-a-service offering provides high-performance computing resources through strategically located data centers in Finland and Iceland, utilizing renewable energy sources and natural cooling capabilities in these regions.
With the new funding, DataCrunch plans to expand its cloud infrastructure by deploying advanced NVIDIA H200 servers and GB200 NVL72 clusters to meet the increasing demand for specialized cloud computing resources for AI applications and research initiatives across European markets.
Ruben Bryon, Founder and CEO of DataCrunch, stated, “With this new round of funding, we are scaling our infrastructure to meet growing demand and firmly positioning ourselves as Europe’s leading provider of AI infrastructure.”
DataCrunch’s choice of Finland and Iceland for its operations offers advantages such as access to renewable energy sources, natural cooling capabilities, stable power grids, and strategic positioning for serving European markets. By focusing on renewable energy-powered facilities, DataCrunch aims to address concerns about AI’s environmental impact and provide a sustainable approach to high-performance computing.
The timing of DataCrunch’s expansion aligns with Europe’s increasing demand for AI computing resources. As organizations across the continent accelerate their AI initiatives, the need for reliable, scalable, and compliant computing infrastructure becomes crucial. DataCrunch’s position as Europe’s first AI-focused hyperscaler could fill a significant gap in the market, currently dominated by non-European providers.
Bryon highlighted, “At DataCrunch, we have a clearer vision than our competitors for providing computing services with the smallest possible carbon footprint. We already operate on 100% green energy and benefit from our location in Europe, which is at the forefront of the green transition.”
The investment in DataCrunch reflects a broader trend of building European technological sovereignty in critical digital infrastructure. As AI workloads become more demanding and specialized, the need for dedicated computing resources optimized for AI tasks continues to grow. DataCrunch’s focus on sustainability, niche expertise, and strategic location position it to play a crucial role in Europe’s AI computing landscape.
