Europe Alternatives

2026-03-09

Nscale raises $2B Series C

London-based Nscale raised $2B in a Series C co-led by Aker ASA and 8090 Industries at a $14.6B valuation.

Round at a Glance
Company Nscale
HQ London, United Kingdom
Amount $2B
Round Series C
Date 2026-03-09
Valuation $14.6B
Total Disclosed Funding ~$3.72B

Company Snapshot

Nscale is a United Kingdom-based AI infrastructure hyperscaler providing vertically integrated solutions including GPU compute, networking, data services, and orchestration software. The company operates data centers across Europe, North America, and Asia. Nscale was founded by Josh Payne, who serves as CEO.

Investors in This Round

Investor Investor HQ Country Notes
Aker ASA Norway Co-lead
8090 Industries United States Co-lead
Astra Capital Management Not disclosed Participant
Citadel United States Participant
Dell United States Participant
Jane Street United States Participant
Lenovo China Participant
Linden Advisors United States Participant
Nokia Finland Participant
Nvidia United States Participant
Point72 United States Participant

Known Cap Table

Investor Round(s) Investor HQ Country
Aker ASA Series B, Series C Norway
8090 Industries Series C United States
Sandton Capital Series A, Series B Not disclosed
Nvidia Series B, Series C United States
Dell Series B, Series C United States
Nokia Series B, Series C Finland
Point72 Series B, Series C United States
Blue Owl Series B United States
Fidelity Management & Research Company Series B United States
G Squared Series B United States
T.Capital Series B Not disclosed
Citadel Series C United States
Jane Street Series C United States
Lenovo Series C China
Linden Advisors Series C United States
Astra Capital Management Series C Not disclosed
Kestrel 0x1 Series A Not disclosed
Blue Sky Capital Managers Series A Not disclosed
Florence Capital Series A Not disclosed

Total disclosed funding: ~$3.72B across 5 rounds (Seed, Series A, Series B, Pre-Series C SAFE, Series C).

Sources