Canopy Wave
vs
UpCloud
What's good about each
- Iceland data centers running on hydro and geothermal power
- 2-8 TB of local NVMe included per node
- GPU rental and open-model inference on one account
- Wide range of VPS options at competitive prices
- Good selection of managed services, from databases to object storage to Kubernetes
- Offers a 100% SLA with 50x compensation for service outages
- Based in the EU, may ease GDPR compliance
Price comparison
Closest matching configuration on each side, monthly list price in USD.
| Service | Canopy Wave | UpCloud | Difference |
|---|---|---|---|
| Small VM | -- Not listed | $3.50 /mo 1 vCPU, 1 GB RAM, 10 GB storage (Starter) | |
| Medium VM | -- Not listed | $24.00 /mo 4 vCPU, 8 GB RAM, 40 GB storage (Starter) | |
| Large VM | -- Not listed | $92.00 /mo 8 vCPU, 16 GB RAM (Cloud Native) | |
| Block storage | $7.00 /mo 100 GB (Shared Storage) | $25.00 /mo 100 GB (MaxIOPS) | 72% cheaper on Canopy Wave |
| Object storage | $40.00 /mo 1 TB | $20.00 /mo 1 TB | 50% cheaper on UpCloud |
| PostgreSQL | -- Not listed | $69.00 /mo 2 vCPU, 8 GB RAM, 10 GB storage (Standard) | |
| Redis | -- Not listed | $8.00 /mo 1 vCPU, 1 GB RAM (Valkey) | |
| Load balancer | -- Not listed | Free 1 node, 1,000 sessions (Essentials) | |
| Egress | -- Not listed | Free within fair usage policy 1-48 TB per instance, then reduced bandwidth |
Heads up: Figures take each provider's closest plan to a common setup, and vary by region and usage. Hover a service for the reference configuration. Verify before provisioning. More on how we price.
GPUs
Canopy Wave and UpCloud each offer 5 GPU models. Cheapest listed price per GPU per hour; GPUs both providers sell come first.
| GPU | Canopy Wave | UpCloud | Difference |
|---|---|---|---|
H100
3 configs · 8 configs
|
$3.25 /GPU/hr On-demand | $1.89 /GPU/hr On-demand · sold out | 42% cheaper on UpCloud |
|
B200
3 configs · 8 configs
|
-- On request | $3.90 /GPU/hr Spot · sold out | |
|
B300
1 config
|
-- On request | -- | Canopy Wave only |
|
H200
3 configs
|
$4.00 /GPU/hr On-demand | -- | Canopy Wave only |
|
GB200
1 config
|
-- On request | -- | Canopy Wave only |
|
RTX PRO 6000
8 configs
|
-- | $1.41 /GPU/hr Spot | UpCloud only |
|
L40S
22 configs
|
-- | $0.89 /GPU/hr Spot | UpCloud only |
|
L4
22 configs
|
-- | $0.68 /GPU/hr Spot | UpCloud only |
Canopy Wave bills on-demand; UpCloud bills on-demand and spot. The line under each price names the billing type shown.
Services
Managed services each provider offers.
Compliance
Frameworks each provider states on its own site, each linked to its source.
Heads up: Each entry links to the provider's own statement. An attestation can cover one tier, one region or the platform alone rather than every service. Verify the scope before you rely on it. A dash means we found nothing to link to, not that the provider lacks it.
Company details
| Fact | Canopy Wave | UpCloud |
|---|---|---|
| Founded | 2024 | 2011 |
| Headquarters | USA | Finland |
| Locations | 2 | 15 |
| Example customers | UC San Diego, Pax Historia, Foundry BioSciences | Aiven, Xensam, HackTheBox, LeadDesk |
| Website | canopywave.com | upcloud.com |
Alternatives to consider
Compare Canopy Wave and UpCloud against other cloud providers.
Our data for Canopy Wave was last updated on Sept. 23, 2026, and for UpCloud on Sept. 24, 2026.