Evroc, a Swedish startup, has secured 50.6 million ($55 million) in Series A funding to establish a hyperscale cloud company in Europe. This significant investment aims to create a secure, sovereign, and sustainable cloud infrastructure that reimagines the digital future of the continent. The project's focus on data security and sovereignty is particularly noteworthy, given the growing concerns about sensitive information being stored outside European borders. By establishing a local cloud provider, Evroc may help alleviate these concerns and foster greater trust among European organizations. While the funding announcement has sparked interest, it remains to be seen how Evroc will balance its ambitious goals with the practical realities of building and maintaining such a complex infrastructure.