Funding

EcoDataCenter funding news – EcoDataCenter Secures €450 Million in Funding

Mar 5, 2025 | By Kailee Rainse

EcoDataCenter funding news - EcoDataCenter Secures €450 Million in Funding

EcoDataCenter's owner, Areim, has successfully secured EUR 450 million in capital from leading institutional investors. The capital will be used to enable further growth and drive the green transition in the data centre industry through it . Over the past 2 years, Areim and EcoDataCenter have secured a total of approximately EUR 1.2 billion in funding.

SUMMARY

  • EcoDataCenter's owner, Areim, has successfully secured EUR 450 million in capital from leading institutional investors.
  • EcoDataCenter have the capacity to meet very high user requirements and process large amounts of data – today and tomorrow.

Peter Michelson, CEO of EcoDataCenter said, "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,".

It has quickly become a leader in digital infrastructure in Europe. 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. A journey of expansion that now continues with the help of the new capital.

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Leif Andersson, founder of Areim and Chairman of EcoDataCenter Said, "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,".

It opened its first facility in Falun in 2019, and since then has established data centres with a focus on computing capacity. Due to its technological leadership, the company has gained the trust of world-leading companies such as BMW, DeepL and CoreWeave.

About EcoDataCenter

EcoDataCenter have the capacity to meet very high user requirements and process large amounts of data – today and tomorrow. With Swedish innovative design and world-leading technology, they challenge the industry with a new generation of large-scale data centers for colocation and wholesale.

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