Swedish company EcoDataCenter, dedicated to providing sustainable and high-performance data centre solutions, has successfully secured €450 million in capital via its owner, Areim.
EcoDataCenter opened its first data center in 2019, combining cutting-edge technology with a commitment to environmental responsibility, establishing itself as a leader in sustainable data centre operations.
Over the past 2 years, Areim and EcoDataCenter have secure approximately €1.2 billion in funding.
"We are establishing one of the most exciting companies in the Nordics. Through our platform, we have established partnerships with some of the world's leading companies, which creates great investor confidence in what we do," says Peter Michelson, CEO of EcoDataCenter.
In 2024, the company partnered with AI Hyperscaler CoreWeave to build one of Europe's largest AI clusters in Falun.
Soon after, the company secured a new mega site of +240 MW to establish additional data centres.
"It is a strong confirmation of our ability to raise capital of this scale. We will continue to drive the market for how digital infrastructure should be built together with our customers," says Leif Andersson, founder of Areim and Chairman of EcoDataCenter.
The capital will be used to enable further growth and drive the green transition in the data centre industry.
Lead image: Peter Michelson, CEO of EcoDataCenter. Photo: uncredited.
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