Scandinavian Data Centers secures funding from Fastighets AB Balder to build its first energy-efficient data center, ScandiDC I, in Eskilstuna, Sweden.
May 14, 2025•5 months ago
Investors
Fastighets Ab Balder
Description
Scandinavian Data Centers has received an investment from Fastighets AB Balder for its inaugural data center project, ScandiDC I, in Eskilstuna. This facility will be housed in a converted WWII-era bunker and aims to implement sustainable energy solutions. The investment signifies a commitment to sustainable digital infrastructure in Sweden. With a capacity of 10 MW, it will provide clean heating solutions to local homes.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers