Nscale raises $433M to scale sovereign AI infrastructure

UK-based AI infrastructure company Nscale raises $433M in Pre-Series C SAFE, days after its $1.1B Series B, backed by Blue Owl, Dell, NVIDIA, and Nokia.

Nscale has raised $433 million in a Pre-Series C SAFE, just days after closing a historic $1.1 billion Series B—the largest in European history. The financing underscores investor confidence in the company’s bid to deliver sovereign and scalable infrastructure for AI.

The round drew participation from Blue Owl Managed Funds, Dell, NVIDIA, and Nokia, alongside existing Series B backers and new investors. It comes as Nscale accelerates its expansion across AI-native compute, networking, storage, managed software, and data centre infrastructure.

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. This commitment to participating in our Pre-Series C SAFE, just days after the close of our Series B funding, represents a powerful endorsement of our vision to deliver sovereign, scalable infrastructure for the AI era.” ~ Josh Payne, CEO and founder.

Headquartered in the U.K. with a global footprint, Nscale operates more than 50 data centres and runs one of the world’s largest GPU pipelines. Its vertically integrated platform supports AI workloads ranging from training and fine-tuning to inference, all within Nscale-owned and colocated facilities.

The company has signed major technology agreements and continues to invest in supercomputing platforms and greenfield data centre projects worldwide.

The $433 million SAFE adds to Nscale’s already multi-billion-dollar capital base, highlighting strong conviction from both strategic and financial investors in scaling AI infrastructure globally.

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