London-based “neocloud” startup Nscale raised a $1.1B Series B led by Aker, with Nvidia participating; Aker says it is investing $285M for a 9.3% stake
‘Largest Series B in European History’ Tim Bradshaw / Financial Times : Nvidia-backed Nscale raises $1.1bn in investor frenzy over AI infrastructure Reuters : Nscale raises $1.1 billion from Aker, other investors for AI buildout Michael Carroll / Mobile World Live : Nscale nets $1.1B to drive global hyperscaler goals Sofia Chesnokova / Tech Funding News : Nscale closes $1.1B in Europe's largest Series B to turbocharge its global rollout of AI-native infrastructure Vigneshwar Ravichandran / Silicon Canals : UK's Nscale secures €936M in Europe's largest-ever Series B to expand AI data centres Esther Andrew / UK Tech Investment News : UK Tech Investment News Nscale secures £818.5 million Series B Investment led by Aker ASA Kai Nicol-Schwarz / Sifted : UK AI data centre startup Nscale raises $1.1bn round backed by Nvidia and Nokia Matthew Gooding / DatacenterDynamics : AI data center firm Nscale raises $1.1bn from backers including Aker, Nokia, and Nvidia David Cendon Garcia / EU-Startups : British hyperscaler Nscale raises €936 million in milestone for European AI infrastructure Patrick Killeen / BusinessCloud : Nscale raises $1.1bn in biggest-ever European Series B round Finextra : Nvidia invests £2 billion into UK AI ecosystem including Revolut, Nscale - Bloomberg Jasdip Sensi / Capacity Media : Nscale raises $1.1bn funding to expand AI thanks to Nvidia, Dell & Nokia partnerships X: Olivia Solon / @oliviasolon : That's just enough to buy the 23,040 Nvidia B300 GPUs it says it needs in its AI campus in Loughton, Essex by Q1 2027. The AI infrastructure ouroboros continues! https://www.bloomberg.com/... Olivia Solon / @oliviasolon : AI data center startup Nscale has raised $1.1 billion in Series B funding from Oslo's Aker and others, a week after it announced a partnership with OpenAI and Nvidia in UK. LinkedIn: Olivia Solon : Nscale's trajectory has been wild for a company that has yet to build a data center. From a little-known startup to the key UK partner for NVIDIA, OpenAI and Microsoft. …