US EditionNvidia-backed Nscale valued at $14.6 billion in fresh funding round
Nscale's $2 billion raise at a $14.6 billion valuation fuels expansion of AI infrastructure and recruitment of top tech and political leaders to its board.
- On Monday, UK-based Nscale raised $2 billion at a $14.6 billion valuation and announced three new directors joining its board.
- Following a rapid funding cadence, Nscale raised over $4.5 billion since its Series B in September 2025, including a $433 million pre-Series C SAFE and a $1.4 billion delayed-draw term loan.
- Led jointly by Aker ASA and 8090 Industries, the Series C featured Nvidia and included Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, and Point72, with Goldman Sachs and J.P. Morgan as joint placement agents.
- Following the round, the company confirmed it has agreed to roll the Aker–Nscale joint venture fully into Nscale, consolidating delivery and governance while keeping projects operational and Øyvind Eriksen, CEO of Aker ASA, on the board.
- The $2 billion will be used to accelerate global deployments, expand engineering teams, and strengthen the platform, while CEO Josh Payne flags IPO ambitions as early as 2026 amid execution risks building GPU-dense facilities.
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Nvidia-backed Nscale raises $2B at $14.6B valuation to expand global AI data centers - Tech Startups
The race to build the infrastructure behind artificial intelligence is heating up, and one young company just secured another massive vote of confidence. AI data center startup Nscale announced Monday that it has raised $2 billion in new funding, valuing the […] The post Nvidia-backed Nscale raises $2B at $14.6B valuation to expand global AI data centers first appeared on Tech Startups.
Nvidia-backed Nscale valued at $14.6 billion in fresh funding round
Nvidia-backed artificial intelligence group Nscale was valued at $14.6 billion after raising $2 billion in its latest funding round, the British company said on Monday.Read MoreThe post Nvidia-backed Nscale valued at $14.6 billion in fresh funding round first appeared on The Who Dat Daily.The post Nvidia-backed Nscale valued at $14.6 billion in fresh funding round appeared first on The Who Dat Daily.
Nscale Raises $2 Billion and Adds Sandberg, Clegg to Board
(Bloomberg) — Nscale, a UK developer for artificial intelligence data centers, has raised $2 billion in funding and added a trio of high-profile business leaders as directors, including former Meta Platforms Inc. executives Sheryl Sandberg and Nick Clegg.
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