SETT is committed to sovereign cloud computing with an investment of 1.47 million euros in technology from the Spanish company Kumori
Summary
SETT has invested 1.47 million euros in Kumori Systems to support sovereign cloud computing technology. Kumori develops cloud infrastructure and virtualization software for deploying and managing critical applications without dependence on external providers. The company plans to expand its CloudOS and Axebow platforms to strengthen secure, scalable, and interoperable sovereign cloud environments. The investment comes through SETT’s Next Tech facility and supports broader public-private collaboration in Spain’s technology sector.
Funding
Amount
-
Total raised
Date
July 31, 2026
Announcement date
Investors
-
Lead investors
Company
kumori.systems
Funded company
AskAI Classifications
Sectors
No sectors detected
Functions
Developer and IT Infrastructure
Development Platforms
Linked Companies
Kumori Systems
up to $1M