Nscale

Investor: Aker ASA, 8090 Industries

AI hyperscaler Nscale, a London-based large-scale cloud provider specializing in AI data centers, has secured $2 billion (£1.5 billion) in a Series C funding round. This substantial capital infusion will be directed towards expanding its AI infrastructure platform across Europe, North America, and Asia, further solidifying its integral role in the global AI ecosystem. This landmark investment, led by Aker ASA and 8090 Industries, represents the largest Series C round in European history and values Nscale at $14.6 billion.Summary of transaction details:Value: £1.5 billion (Series C Funding)Sector: Artificial Intelligence, Cloud Infrastructure, Data Centers, AI-native InfrastructureAdvisor: Not DisclosedKey Entities: Nscale (Target), Aker ASA and 8090 Industries (Lead Investors); Supporting Investors: Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, Point72Location: London (Target HQ), Global Expansion (Funding Use)Note: This significant Series C round is set to significantly accelerate Nscale's global expansion and development of its vertically integrated AI infrastructure. The strategic additions to its board, including Nick Clegg, Sheryl Sandberg, and Susan Decker, highlight a strong focus on leadership and expertise to navigate the rapidly evolving AI landscape and capitalize on the massive infrastructure buildout predicted for the coming years.Nscale's rapid growth and strategic support from industry giants like NVIDIA and OpenAI underscore its potential to be a foundational component of the accelerating global AI revolution, described by its CEO as the "fourth industrial revolution".

Investor: PIMCO, Blue Owl, LuminArx Capital Management

Nscale, a UK-headquartered AI hyperscaler, has successfully secured a £1 billion delayed draw term loan to significantly expand its GPU infrastructure and data centre capabilities across strategic locations including Norway, Portugal, Iceland, and the UK. This financing follows recent substantial equity raises, highlighting strong investor confidence in its growth trajectory.Summary of transaction details:Value: £1,000,000,000 GBPSector: AI Infrastructure, Data Centers, Hyperscale ComputingAdvisor: Not explicitly mentionedKey Entities: Nscale (Target), PIMCO, Blue Owl, LuminArx Capital Management (Lead Investors)Location: London (HQ), operations in Norway, Portugal, Iceland, UKNote: This substantial debt financing reflects the urgent market demand for scalable and cost-effective AI compute infrastructure. Nscale's strategic focus on renewable energy-powered data centers allows it to meet high demand efficiently while providing significant operational savings to its customers in a competitive global landscape.

UK data centre business Nscale successfully completed a Series B funding round, raising an unprecedented £818 million. This transaction represents the largest Series B in European history for the year 2025, signaling substantial investment in critical digital infrastructure.Summary of transaction details:Value: £818,000,000 GBPSector: Data Centre / TechnologyAdvisor: Not specifiedKey Entities: Nscale (Target)Location: UKNote: This landmark Series B funding round for Nscale highlights the strong investor appetite for scalable data centre solutions and the strategic importance of digital infrastructure in the European market. The substantial capital raised is poised to support Nscale's expansion and solidify its market position.