J.P. Morgan and Goldman Sachs arranged the financing package to fund GPU campuses in Texas and North Carolina.
Nscale
Neocloud provider delivering large scale GPU infrastructure for artificial intelligence workloads.
Nscale builds and operates artificial intelligence infrastructure and GPU data centres.
Categories
Founders

Josh Payne
Founder
Josh leads Nscale as founder and chief executive officer. His background includes founding Arkon Energy and co-founding Battery Future Acquisition Corp.
Investors
- $3.0BJ.P. MorganLead
GSGoldman SachsLead - $2.0B
- £320M
- £819M
- £121M
Funding history
The capital will be used to expand the AI infrastructure platform globally and grow internal teams.
The financing follows shortly after the company completed a record Series B round.
The financing round was led by Aker ASA with participation from multiple international technology firms and financial institutions.
Sandton Capital Partners led the oversubscribed round to support the hyperscaler's growth across Europe and North America.