Hybrid Cloud Technology Company Nebul Secures €20 Million Investment from BeStacking

Amsterdam-based Nebul, a leading provider of sovereign-hybrid cloud solutions, announced on Tuesday, June 18, that it has successfully secured €20 million from BeStacking. This investment is spearheaded by founders with extensive experience in supporting transformative IT companies across Europe.

Hybrid Cloud Technology Company Nebul Secures €20 Million Investment from BeStacking
Hybrid Cloud Technology Company Nebul Secures €20 Million Investment from BeStacking
Hybrid Cloud Technology Company Nebul Secures €20 Million Investment from BeStacking

Amsterdam-based Nebul, a leading provider of sovereign-hybrid cloud solutions, announced on Tuesday, June 18, that it has successfully secured €20 million from BeStacking. This investment is spearheaded by founders with extensive experience in supporting transformative IT companies across Europe.

The substantial investment will enable Nebul to scale its Private AI infrastructure throughout Europe, focusing on strategic hiring initiatives and expanding its network of enterprise organizations and government agencies. Matthieu van Amerongen, Director at Nebul, emphasized, "We have the foundational elements in place and are now focused on recruiting top talent and empowering ambitious implementation partners to support their clients. Nebul aims to become part of a robust network of networks in Europe, and we invite others to join us at the forefront of AI development."

Founded in 2022 by Arnold Juffer, Nebul's European Sovereign-Hybrid AI Cloud offers top-tier supercomputing and GPU-accelerated business computing services while ensuring compliance with EU data privacy regulations. The company's commitment to maintaining data sovereignty is a key differentiator in the rapidly evolving cloud market.

As an official NVIDIA Preferred Cloud Service Provider, DGX Cloud Partner, and DGX Solution Provider, Nebul assists European organizations in navigating the complexities of deploying supercomputing and GPU workloads in private cloud, hybrid, and multi-cloud environments. Arnold Juffer, CEO of Nebul, stated, "We have meticulously developed and tested our technical solutions with our clients in this rapidly evolving market. Additionally, we have established critical partnerships with market leaders such as NVIDIA, Run: AI, NetApp, VAST Data, UbiOps, and Prompt Security. With American companies moving swiftly, it is imperative for us, as a European service provider, to accelerate our efforts. Our goal is to build a company that restores IT leadership in Europe."

Utilizing the full range of NVIDIA technologies, Nebul can enable new capabilities like Private AI, Digital Twins, and Omniverse more rapidly without compromising sensitive corporate data. This approach ensures that organizations retain control over their data, which is crucial in maintaining compliance with stringent EU data protection laws.

BeStacking, the investor behind this significant funding round, focuses on cutting-edge technologies, particularly AI infrastructure and value-added services, prioritizing sovereignty, privacy, and security. Rob van der Salm, CEO of BeStacking, highlighted the strategic value of this investment, saying, "We have known Arnold Juffer for many years and recognize his entrepreneurial acumen and technical expertise, essential for scaling Nebul's operations. BeStacking brings more than just financial support to the table. Nebul's Private AI Factory and the recently launched Powerdesk solution will prove to be unique assets to our investment strategy to enable data-intensive and data-sensitive companies and solutions to use AI in a secure and sovereign environment. A win-win situation."

This strategic investment from BeStacking will significantly bolster Nebul's efforts to enhance its sovereign-hybrid cloud solutions, thereby supporting the company's mission to reestablish IT leadership in Europe. By focusing on privacy, security, and compliance, Nebul aims to build a resilient and innovative network that meets the needs of European businesses and government entities.

The collaboration between Nebul and BeStacking exemplifies the synergy required to drive technological advancements in AI and cloud services. As Nebul continues to expand its infrastructure and capabilities, the company is poised to play a pivotal role in shaping the future of sovereign-hybrid cloud solutions in Europe. This partnership underscores the importance of strategic investments in maintaining technological sovereignty and ensuring that European organizations have access to secure, compliant, and cutting-edge AI solutions.