DataCrunch Secures $64 Million in Series A Funding to Propel AI Cloud Expansion

"DataCrunch has successfully raised USD 64 million in its Series A funding round, with debt financing led by Nordea and Armada Credit Partners, and equity financing led by byFounders and other investors. The company aims to become Europe's first AI cloud hyperscaler, providing easy access to GPU computing while ensuring user experience, regulatory compliance, and sustainability. The funding will help accelerate its growth and support various AI startups and enterprises. Roschier served as the advisory team for this funding round."

**Law Firms Involved in the Transaction:** Roschier advised DataCrunch in raising debt financing as part of its Series A funding round, with participation from several financial institutions. **Transaction Overview:** DataCrunch successfully raised USD 64 million in its Series A funding round, which included debt financing led by Nordea and Armada Credit Partners, along with participation from Danske Bank, Norion Bank, and LocalTapiola. The equity round was led by byFounders, Skaala, Varma Mutual Pension Insurance Company, and Tesi, with additional contributions from J12 Ventures and select angel investors. The funds will be used to accelerate DataCrunch's mission to become Europe’s first AI cloud hyperscaler, providing easy access to GPU computing while ensuring user experience, regulatory compliance, and sustainability. **Legal Team:** The core advisory team from Roschier included: - Jonne Järvi - Erno Suomalainen - Wiljami Siitonen (Note: The press release does not specify the seniority or practice areas of the lawyers involved.)

DataCrunch Secures $64 Million in Series A Funding to Propel AI Cloud Expansion

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