2026-05-11
Nscale raises $790M Debt
London-based Nscale raised $790M in a Debt financing round.
Round at a Glance
| Company | Nscale |
| HQ | London, United Kingdom |
| Amount | $790M |
| Round | Debt |
| Date | 2026-05-11 |
| Valuation | Not disclosed |
| Total Disclosed Funding | Not disclosed |
Company Snapshot
Nscale is a United Kingdom-based AI cloud infrastructure company. According to the company's public materials, the product helps AI developers and hyperscalers with GPU compute capacity for training and serving large models. Alongside the round, the company announced an additional $790M accordion feature and a Microsoft compute deal tied to its Narvik, Norway data centre.
Investors in This Round
| Investor | Investor HQ Country | Notes |
|---|---|---|
| ABN AMRO | Netherlands | Lender |
| DNB | Norway | Lender |
| Eksfin | Norway | Lender |
| Nordea | Finland | Lender |
| SEB | Sweden | Lender |
Known Cap Table
| Investor | Round(s) | Investor HQ Country |
|---|---|---|
| ABN AMRO | Debt | Netherlands |
| DNB | Debt | Norway |
| Eksfin | Debt | Norway |
| Nordea | Debt | Finland |
| SEB | Debt | Sweden |
Total disclosed funding: not disclosed.
Sources
- https://tech.eu/2026/05/11/nscale-snaps-up-major-us-data-centre-site-inks-ai-compute-deal-with-microsoft/
- https://techfundingnews.com/nscale-790m-debt-narvik-ai-infrastructure-data-center-norway/
- https://www.datacenterdynamics.com/en/news/nscale-secures-790m-in-financing-for-norway-data-center-project/