Conapto
Conapto is a Stockholm-based data center colocation operator providing secure, renewable-powered colocation and AI infrastructure across four Stockholm facilities (up to 32MW IT capacity), serving enterprise customers and AI cloud providers with global connectivity.
- Company typePrivate
- Founded2018
- HeadquartersStockholm, Sweden
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Conapto does
Conapto is a Stockholm-headquartered, privately-held data center operator founded in 2018, providing colocation, interconnect, cloud connectivity, and sale-leaseback services to enterprise and AI cloud customers across four Stockholm facilities (STHLM 1 CITY, STHLM 2 SOUTH, STHLM 3 NORTH, and STHLM 4 SOUTH). The company's flagship STHLM 4 South facility delivers 32MW IT capacity and is the first in Europe to achieve OCP Ready™ v2 for Hyperscale certification. All facilities operate on 100% renewable wind power with heat recovery to Stockholm's district heating network, achieving among the lowest PUE in the industry, and the company cites Sweden's EU-lowest electricity prices as a structural cost advantage.
Conapto's technology stack supports modern AI and hyperscale workloads through NVIDIA Blackwell architecture compatibility and Quantum-X800 InfiniBand connectivity. The company's interconnect ecosystem provides direct access to Netnod (the Nordic region's largest Internet Exchange) and all major public cloud providers, enabling global connectivity to 2,700+ cities across 150+ countries. Beyond core colocation, Conapto offers CloudConnect (private low-latency cloud connections) and Sale-Leaseback services for enterprises transitioning owned data centers into managed colocation.
The business model centers on long-term, quote-based colocation contracts with capacity ranging from 16MW to 32+MW IT capacity, primarily sold through direct enterprise field sales. Named customers span AI cloud (CoreWeave, Singularity Compute), agriculture (Lantmännen), retail (ICA), music rights (STIM), infrastructure (Strukton), and ERP (Unit 4). In Q3 2025, Conapto issued SEK 1000 million (~$95M USD) in senior secured bonds alongside record EBITDA and a new 16MW capacity contract, funding aggressive expansion to capture European AI infrastructure demand.
Conapto firmographics
Firmographics- Name
- Conapto
- Legal name
- Conapto Holding AB
- Website
- https://conapto.se
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Conapto is a Stockholm-based data center colocation operator providing secure, renewable-powered colocation and AI infrastructure across four Stockholm facilities (up to 32MW IT capacity), serving enterprise customers and AI cloud providers with global connectivity.
- Ownership category
- akta.pro rank
Conapto industry classification
Industry- Product category
- Data Center Colocation
- NAICS
- Computer Facilities Management Services (541513)
- SIC
- Services-Facilities Support Management Services (8744), Services-Telephone Interconnect Systems (7385)
- akta.pro primary industry
- Wholesale Colocation (Powered Shells / Suites) (HDABACAB)
- akta.pro secondary industries
- Managed Colocation & Remote Hands Services (HDABACAD), Carrier Hotels & Network-Dense Colocation (HDABACAE), Modular & Prefabricated Data Centers (HDABACAH)
Keywords
Where Conapto is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Conapto business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Data Center Colocation: Conapto generates revenue through colocation services where customers lease data center space, power, and connectivity. The company offers capacity contracts ranging from 16 MW to 32 MW IT capacity at its Stockholm facilities. Revenue is recognized through long-term contracts with guaranteed availability, with Q3 2025 reporting record EBITDA and successful issuance of SEK 1000 million in senior secured bonds.
- Interconnect Services: Ecosystem of telecommunications operators within data centers enabling operator-independent worldwide connectivity with access to Netnod, the Nordic region's largest IX.
- CloudConnect: Private high-performance low latency connections to public cloud providers, enabling secure hybrid cloud architectures.
- Sale-Leaseback: Data center sale-leaseback services allowing companies to transition owned physical data centers into secure, scalable colocation services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Conapto product offering
Product offeringCore offering
Conapto is a Swedish data center operator that provides colocation services (renting secure data hall space, power, and cooling) along with interconnect, cloud connectivity, and sale-leaseback services for enterprises. The company operates four data center facilities in Stockholm (STHLM 1 CITY, STHLM 2 SOUTH, STHLM 3 NORTH, and STHLM 4 SOUTH) with up to 32MW IT capacity, powered by 100% renewable energy with heat recovery to Stockholm's district heating network.
Product overview
Conapto is a Nordic data center operator offering a portfolio of colocation services including Colocation (core hosting), Interconnect (connectivity/IX services), CloudConnect (private cloud connectivity), and Sale-Leaseback (data center transition services). The company operates four data center facilities in Stockholm (STHLM 1 CITY, STHLM 2 SOUTH, STHLM 3 NORTH, and STHLM 4 SOUTH), with STHLM 4 SOUTH being its newest and largest facility at 32MW IT capacity. All facilities are powered by renewable energy with CO2 transparency and provide guaranteed 100% availability with global connectivity.
Differentiator
Problem solved
Functional benefit
Products and services
- Colocation
Quantifiable outcome
- 100% availability guaranteed for colocation services
- +1 more outcomes
Companies that use Conapto
Customer profileNamed customers5 records
Segments2 records
Ideal customer profiles2 records
Conapto technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Conapto partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and flagship.
- CoreWeavecoreCoreWeave signed a co-location agreement with Conapto to deploy AI cloud infrastructure across two campuses in Stockholm, Sweden, with initial capacity already online at Stockholm 4 South. The facilities utilize NVIDIA Blackwell Architecture and Quantum-X800 InfiniBand technology, powered entirely by renewable energy. The partnership expands CoreWeave's European footprint to eight sites.
- ElleviocoreConapto secured additional 8 MW of power from Ellevio (utility provider) for the expansion of Stockholm 4 South data center, increasing capacity from 20 MW to 28 MW.
- Vertical DatacoreConapto and Vertical Data announced a strategic partnership to deliver scalable, secure, and environmentally sustainable AI infrastructure, combining GPU-based compute and financing options with climate-conscious data centre colocation services. The integrated solution targets European enterprises seeking to scale AI workloads while reducing carbon intensity.
- Singularity ComputeflagshipSingularity Compute, the infrastructure arm of SingularityNET, launched the first phase of its enterprise-grade NVIDIA GPU cluster in Sweden in partnership with Conapto. The deployment provides flexible GPU computing through bare metal rentals, VM-based rentals, and dedicated inference API endpoints for enterprises, institutions, and ASI Alliance partners. The cluster, managed by CUDO, underpins ASI:Cloud and provides scalable AI inference via OpenAI-compatible APIs.
- NetnodcoreConapto data centers provide direct access to Netnod - the Nordic region's largest Internet Exchange (IX), enabling low-latency connectivity for customers.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Conapto competitors and assessment
Company assessmentBroad incumbents
- Stack Infrastructure: Hyperscale-focused data center developer with campuses in EMEA. Comparable to Conapto on large-scale, build-to-suit capacity for AI and cloud tenants across Europe.
- Equinix: Global colocation and interconnection incumbent with extensive European footprint. Comparable as a broad incumbent whose IBX facilities overlap with Conapto's interconnect-driven value proposition, though much larger and not Nordic-specialized.
- Digital Realty: Global hyperscale and enterprise data center platform with substantial European presence following the Interxion merger. Comparable as a broad incumbent offering carrier-neutral colocation, cloud on-ramps, and large-scale capacity similar to Conapto's product set.
- Iron Mountain Data Centers: Global data center operator (colocation, hyperscale, and enterprise) with expanding European footprint. Comparable as a broad incumbent offering secure, sustainable colocation with carrier-neutral interconnection similar to Conapto.
Direct peers
- atNorth: Nordic data center operator providing sustainable, high-density colocation for AI and HPC workloads across Iceland, Sweden, Norway and Denmark. Closest comparable to Conapto by geography, sustainability positioning, and AI/HPC customer focus.
- Bulk Infrastructure: Norway-based data center and fiber operator with sustainable power (hydropower) and AI-ready colocation campuses in the Nordics. Directly comparable to Conapto on Nordic footprint, renewable energy positioning, and AI workload targeting.
- Green Mountain: Norwegian colocation operator with multiple sites powered by renewable hydropower, serving enterprise and HPC customers. Comparable to Conapto on renewable-energy-led colocation and Northern European focus.
- EdgeConneX: Specialized data center operator focused on hyperscale and edge deployments with growing European footprint. Comparable to Conapto on tailored builds for hyperscale/AI tenants and high-density capacity design.
Regional players
- Verne Global: Iceland-based sustainable colocation operator powered by geothermal and hydroelectric energy. Comparable to Conapto on Nordic-region renewable-powered colocation, though primarily serving UK/Iceland rather than Swedish enterprise customers.
- Hetzner Online: German hosting and data center operator with colocation, dedicated servers, and cloud services across Germany and Finland. Comparable to Conapto on European mid-market colocation and renewable-powered operations, though primarily German-focused.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Conapto social profiles
Digital presenceConapto compliance and trust
Trust signalCompliance2 records
Conapto financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conapto leadership team
Management profileNumber of profiles
Conapto funding detail
Funding detailFunding overview
Funding rounds4 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conapto M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conapto
What does Conapto do?
Conapto is a Swedish data center operator that provides colocation services (renting secure data hall space, power, and cooling) along with interconnect, cloud connectivity, and sale-leaseback services for enterprises. The company operates four data center facilities in Stockholm (STHLM 1 CITY, STHLM 2 SOUTH, STHLM 3 NORTH, and STHLM 4 SOUTH) with up to 32MW IT capacity, powered by 100% renewable energy with heat recovery to Stockholm's district heating network.
Is Conapto a public or private company?
Conapto is a private company. It is classified as unknown and is currently operating.
When was Conapto founded?
Conapto was founded in 2018. It employs 1 to 10 people.
Where is Conapto based?
Conapto is headquartered in Stockholm, Sweden, in the Europe region.
How does Conapto make money?
Four revenue lines are on record. Data Center Colocation is the primary driver. The others are interconnect Services, cloudConnect and sale-Leaseback.
Who are Conapto's main competitors?
Broad incumbents on record are Stack Infrastructure, Equinix, Digital Realty and Iron Mountain Data Centers. Direct peers are atNorth, Bulk Infrastructure, Green Mountain and EdgeConneX. Regional players are Verne Global and Hetzner Online.
Does Conapto have an API?
No public API is recorded for Conapto.
What industry is Conapto in?
Conapto's product category is Data Center Colocation. Its primary akta.pro industry code is HDABACAB, Wholesale Colocation (Powered Shells / Suites), with a secondary code of HDABACAD, Managed Colocation & Remote Hands Services. Its NAICS code is 541513 and its SIC code is 8744.