Nscale has completed the largest investment round in European history. The AI infrastructure provider has raised a whopping $2 billion in a Series C funding. This round values the UK-based hyperscaler at $14.6 billion.
The raise was led by Aker ASA and 8090 Industries, with support from Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, and Point72.
This new raise will further accelerate Nscale’s global development of vertically integrated AI infrastructure — from GPU compute and networking to data services and orchestration software — across Europe, North America, and Asia.
“This is the fourth industrial revolution; the world is changing at a rapid pace. Over the next 5 years, Artificial Intelligence will be integrated into every industry, every product, and every job. Accelerating drug discovery, extending human life, autonomizing travel and robotics, lifting productivity, and driving massive growth. This is leading to the largest infrastructure buildout in human history,” said Josh Payne, CEO and Founder of Nscale. “Nscale is leading this buildout. We are building this foundation that the market sits on, the engine of superintelligence.”
Apart from the capital injection, Nscale is also attracting top international talent to its Board of Directors. Sheryl Sandberg , former COO of Meta, Susan Decker, former President of Yahoo), and Nick Clegg, former UK Deputy Prime Minister and former President, Global Affairs at Meta, are joining the board. Their joining should stand Nscale in good stead in becoming a global organization capable of competing with American and Asian giants.
Alongside this Series C funding and its new Directors, Nscale has reached an agreement with Aker to roll the Aker Nscale joint venture — announced in July 2025 — fully into Nscale.
