Paivotal, Core Tech Capital's AI cloud infrastructure company, formerly known as Cartagon.ai, has announced an expansion of its funding capacity to €200 million to accelerate the rollout of its platform across Europe. In a further milestone, the company has also become an NVIDIA Preferred Partner, making it one of the first companies in the Eurozone to achieve this level of accreditation.
The expanded funding will enable Paivotal to strengthen its ability to meet the rapidly growing demand for high-performance computing infrastructure from enterprises, institutions and organisations developing and deploying artificial intelligence solutions while operating within a European technological and regulatory framework.
The announcement comes just 14 months after the company's launch. Paivotal began operations in March 2025 with an initial funding package of more than €30 million. Since then, the artificial intelligence market has grown significantly faster than anticipated, driven by the rapid adoption of generative AI, the expansion of large language models and increasing demand for training and inference capacity.
With this new funding, Paivotal will deploy NVIDIA's latest air-cooled B300 GPUs and initially roll out four Scale Units. The first nodes will be located in Spain and will serve as the foundation for the platform's expansion into other strategic Eurozone markets.
Paivotal delivers GPU-as-a-Service (GPUaaS) through a cloud infrastructure purpose-built for AI workloads, enabling organisations to access high-performance computing capacity without the need for substantial upfront investment in their own infrastructure. Its platform combines performance, scalability and specialist support while ensuring data sovereignty and compliance with European regulatory requirements.
NVIDIA Preferred Partner
Alongside the funding expansion, Paivotal has been awarded NVIDIA Preferred Partner status, one of the US technology company's highest accreditations. The designation recognises Paivotal's technical capabilities and expertise in deploying advanced AI infrastructure while strengthening its access to NVIDIA's latest technologies and enhancing collaboration on enterprise AI solutions.
The platform's key differentiators include an infrastructure built entirely on NVIDIA's latest-generation technology, operation from data centres powered by 100% renewable energy, and compliance with major European regulatory frameworks, including the General Data Protection Regulation (GDPR) and the European Union AI Act.
Responding to a rapidly evolving market
The accelerating adoption of artificial intelligence is driving unprecedented global demand for computing capacity. In Europe, this trend coincides with growing concerns around technological sovereignty and the need for infrastructure capable of developing and running AI models under European jurisdiction.
Against this backdrop, NeoCloud platforms are emerging as a specialised alternative to traditional hyperscale cloud providers, offering AI-optimised infrastructure with access to state-of-the-art GPUs and architectures specifically designed for advanced model training and inference.
Paivotal was created to address this growing demand by providing dedicated AI cloud infrastructure for organisations seeking to accelerate their AI initiatives with high levels of performance, security and regulatory compliance.
Core Tech Capital's strategy
The funding expansion forms part of Core Tech Capital's broader strategy to build a comprehensive sovereign digital infrastructure offering across Spain and Europe. The Spanish investment firm specialises in creating, developing and financing technology projects focused on digital infrastructure.
Alongside Paivotal, Core Tech Capital is also developing Quetta Data Centers, a data centre platform established in partnership with Azora, with its first projects already under construction in Madrid and Barcelona. Through these initiatives, the firm aims to contribute to the development of a European digital infrastructure ecosystem capable of supporting the continued growth of artificial intelligence and next-generation computing demand.
Core Tech Capital is also a member of the NVIDIA Inception VC Alliance, an initiative for technology-focused investment firms collaborating with NVIDIA's global innovation ecosystem.
"The demand we are seeing has significantly exceeded the expectations we had when launching Paivotal. Europe needs sovereign, scalable AI infrastructure capable of supporting the extraordinary growth the market is experiencing. Expanding our funding capacity to €200 million will enable us to accelerate that deployment while continuing to provide customers with access to the most advanced technologies available. Achieving NVIDIA Preferred Partner status is also an important recognition of the work we have done and further strengthens our position as we enter this next phase of growth," said Paco González, Founder and CEO of Core Tech Capital.
About Paivotal
Paivotal, formerly Cartagon.ai, is Core Tech Capital's artificial intelligence cloud infrastructure platform and the first sovereign NeoCloud platform in Spain and Southern Europe. Specialising in GPU-as-a-Service (GPUaaS), the company provides high-performance computing capacity for AI model training and inference, delivering infrastructure purpose-built for AI workloads to enterprises, institutions and organisations. Built on NVIDIA-certified architectures, Paivotal combines performance, scalability, security and compliance with European data protection and governance regulations, offering a European cloud alternative that strengthens digital sovereignty and accelerates the next generation of AI innovation.
About Core Tech Capital
Core Tech Capital is a Spanish investment firm that creates, finances and develops its own technology ventures. Its business model is built around deep expertise in technology infrastructure, attracting investment from leading domestic and international funds across Spain and the European Union, with a focus on high-growth sectors including real estate, digital infrastructure and, in the future, energy.
Founded in 2020 by digital entrepreneur Paco González, the firm has launched flagship initiatives including Quetta Data Centers, a sustainable data centre platform developed in partnership with Azora, with projects already under construction in Madrid and Barcelona, and Paivotal, Spain's first sovereign NeoCloud platform, alongside direct investments in companies such as Cartagon.
https://www.coretechcapital.eu/
cloud technology axon
Over little more than a decade, Regenera has built a strong track reco...
