Funding

Lyceum Secures €10.3 Million To Redefine Cloud Infrastructure In Europe

Jun 24, 2025 | By Kailee Rainse

European cloud provider Lyceum has raised €10.3 million in pre-seed funding, led by Redalpine with support from 10x Founders.

SUMMARY

  • European cloud provider Lyceum has raised €10.3 million in pre-seed funding, led by Redalpine with support from 10x Founders.

Lyceum aims to give users fast and seamless access to cloud computing through features like one-click GPU deployment, automated hardware selection, transparent pricing, and flexible scheduling. It also prioritizes EU data residency, built-in security, and clean energy sourcing.

This approach allows startups, enterprises, and public sector organizations to run AI training, large simulations, and data-heavy tasks—without depending on foreign cloud giants.

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With a strong commitment to sustainability, transparency, and European control over data and tech, Lyceum is working to become the go-to cloud solution for innovation across the continent.

Magnus Grünewald, co-founder and CEO of Lyceum, shared: “At Lyceum, our vision is to build the first user-centric GPU cloud, making compute accessible to everyone. Europe is lagging behind the rest of the world in terms of compute capacity, and we‘ll do whatever it takes to change that.”

According to Sebastian Becker, General Partner at redalpine: “Lyceum is building the sovereign European answer to AI compute. We’re deeply impressed by the team’s bold vision, relentless ambition, and exceptional speed of execution.”

According to Jan Becker, Partner at 10x, Lyceum is building what Europe urgently needs: secure, sovereign infrastructure for the AI age:

“A young, ambitious team with deep technical insight and remarkable velocity, they’re operating in one of the most strategically vital markets of our time.

As compute becomes the defining commodity of the 21st century, Lyceum is positioned to become a cornerstone of Europe’s digital future.”

The new funding will help Lyceum grow its engineering and commercial teams, allowing the company to speed up the development of its user-friendly GPU cloud and launch new features faster.

It will also support the launch of fully EU-sovereign compute zones—data centre clusters powered by renewable energy and built specifically for the Lyceum platform—in countries like Denmark, France, and more.

In addition, the funding will help Lyceum strengthen partnerships with semiconductor companies and hardware providers, laying the groundwork for a truly European cloud infrastructure and supporting the company’s long-term growth plans.

About Lyceum

Based in Berlin and Zurich, Lyceum is building cloud infrastructure designed for AI and high-performance computing, focusing on European digital sovereignty. The company runs data centres across Europe and offers a user-friendly platform that simplifies complex infrastructure, making it easy to run and scale demanding workloads.

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