AI Infrastructure Capital AG, a Swiss company founded in June 2026 by Cédric Waldburger and Roald Parmentier, has launched with approximately €16 million in closed funding to buy NVIDIA GPU servers, install them in Iceland, and rent the compute capacity on long-term contracts. Valyou investment foundation in Rapperswil anchored the round, with managing director Yonten Wagma joining the company’s board alongside entrepreneur Fabian Villiger.
The Model: Buy, Host, Rent
The company’s approach is straightforward infrastructure finance. According to EU-Startups, AI Infrastructure Capital AG purchases enterprise NVIDIA GPU servers outright, installs them at sites with renewable power in Iceland, and puts them to work under long-term customer contracts. The company says it has already secured initial capacity allocation with contracted customers.
Waldburger, who also runs early-stage venture firm Tomahawk.VC, framed the pitch around physical scarcity. “Artificial intelligence tends to get discussed as something abstract. Underneath it is a very concrete question: are there enough servers, and are they in the right place? We make sure there are more of them,” he told EU-Startups.
Why Iceland
Co-founder Parmentier, who comes from data center operations and hardware procurement, pointed to structural cost advantages. “Location and cooling decide whether the operation makes economic sense. In Iceland, renewable power comes together with cold outside air. Over the life of the machines, that is a structural advantage,” he told EU-Startups.
Iceland’s power grid runs entirely on geothermal and hydroelectric sources. The subarctic climate handles much of the cooling that conventional data center sites in Frankfurt or Dublin must generate mechanically, reducing operating costs over the GPU hardware lifecycle.
Compute Scarcity for Persistent Workloads
The launch arrives during a period of sustained GPU demand for AI workloads. Autonomous agents running on frameworks like OpenClaw require persistent compute access, not the burst-and-release pattern of traditional cloud inference. Long-term contract models like AI Infrastructure Capital’s target teams that need guaranteed capacity rather than spot pricing on hyperscaler marketplaces.
At €16 million, the raise is modest compared to the multi-billion-dollar data center investments from hyperscalers. But the company’s bet is that smaller teams priced out of hyperscaler contracts, or seeking alternatives to cloud dependency, represent a viable market for dedicated GPU capacity with predictable costs and renewable energy credentials.