Krux
February 12, 2026
Swedish Startup Raises €2.1M for Europe's AI Sovereignty
Published: February 12, 2026 at 5:09 AM
Updated: February 12, 2026 at 5:09 AM
100-word summary
Berget AI just closed a SEK 24 million (€2.1M) funding round led by Luminar Ventures to build a sovereign AI platform that keeps European data in Europe. Founded by Christian Landgren and Andreas Lundmark, the Swedish startup offers a full-stack alternative to US cloud giants, running open language models on infrastructure in Sweden. Launched mid-2025, it's perfectly timed as the EU AI Act pushes data sovereignty. This positions Berget AI to capitalize on Europe's accelerating sovereign cloud movement, as regulators and enterprises demand local control over AI infrastructure.
What happened
Berget AI just closed a SEK 24 million (€2.1M) funding round led by Luminar Ventures to build a sovereign AI platform that keeps European data in Europe. Founded by Christian Landgren and Andreas Lundmark, the Swedish startup offers a full-stack alternative to US cloud giants, running open language models on infrastructure in Sweden. Launched mid-2025, it's perfectly timed as the EU AI Act pushes data sovereignty.
Why it matters
This positions Berget AI to capitalize on Europe's accelerating sovereign cloud movement, as regulators and enterprises demand local control over AI infrastructure.