(Bloomberg) -- Evroc, a Swedish startup backed by EQT AB, has increased its fundraising goal to €4 billion ($4.2 billion) as part of a plan to build and operate 10 giant data centers in Europe by 2030.

The so-called “hyperscale” centers will be among the first in Europe not tied to or owned by US tech companies such as Amazon.com Inc. and Microsoft Corp. In June, Evroc said it was seeking €3 billion in funding to build eight of the centers. 

The Stockholm-based company, backed by the venture arm of EQT and Norrsken VC, expects to hire 50 software engineers over the coming 12 months, with overall staffing levels to eventually reach more than 10,000, according to an emailed statement.

Evroc also said it had hired Philip Beevers, an executive from Alphabet Inc.’s Google, as its chief technology officer. Beevers will be based in London, where he will set up one of four planned development hubs for the company. The new CTO’s other responsibilities include developing the software infrastructure for Evroc’s cloud.

A spokesperson for Evroc declined to provide further details on the fundraising efforts.

Read More: EQT-Backed Cloud Startup Seeks €3 Billion to Challenge Amazon

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