Scaleway

Leader

Scaleway is a French cloud provider under Iliad Group with ~€150M estimated revenue. Focused on European data sovereignty and GPU cloud for AI. HQ: Paris. Founded 1999.

Company Overview

About Scaleway

Scaleway is a French cloud computing provider and subsidiary of Iliad Group, the telecommunications and technology conglomerate founded by billionaire Xavier Niel. Originally launched as Online.net in 1999 and rebranded as Scaleway in 2015, the company has grown into one of Europe's leading independent cloud providers, positioning itself as the European alternative to US hyperscalers for GDPR-sensitive workloads.

Business Model & Competitive Advantage

Scaleway offers a full stack of cloud services including virtual servers, bare metal instances, managed Kubernetes (Kapsule and Kosmos), serverless functions, managed databases, and object storage. Estimated annual revenue is approximately €100–200M. Iliad Group, Scaleway's parent, is publicly traded on Euronext Paris (ILD) and reported consolidated revenues exceeding €10B in 2024. Scaleway represents a high-growth cloud subsidiary within Iliad's infrastructure portfolio alongside Free (French telecom) and Iliad Telecom (Italy and Poland).

Competitive Landscape 2025–2026

Scaleway has made notable investments in GPU cloud infrastructure to capture the growing demand for AI training and inference workloads. Its GPU instances (H100, A100) are marketed to European AI startups and enterprises that require EU-based compute for data sovereignty compliance. Scaleway is a member of GAIA-X, the European cloud data infrastructure initiative. Primary competitors include OVHcloud (France), Hetzner (Germany), and Exoscale (Switzerland) in the European cloud market, with hyperscalers AWS, Azure, and GCP as broader competitors.

Revenue
$150M
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Key Differentiators

Market Leader

Scaleway is recognized as a market leader in the AI Infrastructure sector, demonstrating strong industry presence and customer trust.

Growth Stage

Scaleway has achieved $150M in revenue, demonstrating strong product-market fit.

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