Nscale raises £320m in pre-Series C SAFE financing led by Blue Owl, Dell, NVIDIA and Nokia
The financing follows shortly after the company completed a record Series B round.
Nscale is an AI native infrastructure platform providing vertically integrated compute, networking, storage, managed software and AI services. The business operates a portfolio of data centres and delivers advanced supercomputing platforms for the generative AI market.
Nscale has secured £320m in a pre-Series C SAFE financing round backed by Blue Owl, Dell, NVIDIA and Nokia, alongside new and existing investors.
The capital arrives shortly after the business completed a $1.1bn Series B round, reflecting strong demand from international backers for its AI infrastructure capabilities.
The firm will use the latest injection of funds to maintain its rapid commercial momentum and expand its sovereign computing capacity for large scale artificial intelligence workloads.
From the founder
"We’re overwhelmed by the interest we’ve received. It’s incredible to see the passion and confidence we have in Nscale is matched by key investors. "
Josh Payne
CEO and founder at Nscale