Seekr and Fossefall Partner to Bring Enterprise AI to Europe

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Seekr and Fossefall Forge Strategic Partnership to Bring the Complete Enterprise AI Value Chain to Europe

Date

November 11, 2025

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We’re proud to announce a multi-year commercial agreement that will accelerate the deployment of sovereign, clean-energy AI capacity in Europe. Read the full press release HERE.

Low-cost clean-energy data centers in Europe

Across continental Europe, industrial electricity prices often exceed USD 0.15 per kWh, while in Northern Norway’s NO4 region, powered almost entirely by renewable hydropower, average spot prices in 2025 were around 10 øre per kWh (~USD 0.009) (statistics Norway, Nordpool). The cool climate, abundant renewable generation, and stable political and security environment make Norway uniquely suited for high-density AI operations. A recent Fortune Business Insights report projects Europe’s AI infrastructure market to grow at a CAGR of 28.30% during the forecast period (2024-2032) and is predicted to gain USD 16.86 billion in 2025.

About the partnership

This partnership brings together enterprise AI software that is built for mission-critical environments with one of Europe’s lowest-cost clean-energy platforms and sets a framework to deliver a phased multi-million-dollar collaboration. Seekr will reserve AI capacity for the first 36 months (phase 1) in conjunction with the creation of an AI cloud service offering that Fossefall will sell under a revenue share and reseller agreement with Seekr.

This capacity agreement establishes Fossefall’s first commercial anchor client and validates our model of converting clean Nordic power into scalable AI infrastructure. The accompanying SeekrFlow license expands our capability beyond hardware, allowing us to deliver complete, trusted AI factories ready for enterprise deployment.

Øyvind Vesterdal, Fossefall CEO

The structure of our agreement with Fossefall, both as an investor and customer, allows us to meet the insatiable demand for accurate, explainable and sovereign enterprise AI in Europe. Fossefall provides a strong infrastructure foundation, powered by clean energy and designed for performance. This allows us to deliver the best pricing and performance for SeekrFlow enterprise AI customers, whether they’re training models, performing inference, or deploying agents from our extensive library of pre-built, industry-ready applications.

Rob Clark, Seekr President

Fossefall has already secured key powered land sites and is developing multiple sites across the Nordic region, targeting more than 500 megawatts (MW) of operational AI capacity by 2030 and SeekrFlow™, will be deployed across of their AI factories as the operating system for training and deploying AI solutions that are accurate and secure.