Nscale, an AI-focused hyperscaler, has announced the successful closure of a substantial Pre-Series C SAFE funding round, amassing $433 million. This achievement affirms the escalating commercial momentum the company has harnessed since its record-breaking $1.1 billion Series B funding.
Receiving backing from notable players such as Blue Owl Managed Funds, Dell, NVIDIA, and Nokia, as well as from both continual Series B investors and newcomers, the financial inflow underscores the confidence in Nscale's capabilities and ambitious growth trajectory.
Following closely on the heels of its Series B success, the new investment highlights a prevalent trust in Nscale's strategic vision and execution prowess. As Josh Payne, CEO and founder, remarked, the enormity of the support serves as a potent affirmation of the company's aspirations to provide sovereign and high-scale infrastructure for the AI era.
With its base in the U.K. and operations stretching globally, Nscale delivers a comprehensive range of AI-native infrastructure solutions. These include vertically integrated computing, networking, storage, and managed AI services from their owned and colocated data centres.
Boasting an expansive record, Nscale operates over 50 data centres, encompasses advanced supercomputing platforms, and engages in major technology agreements. The leadership at Nscale marries profound executional expertise with a vast network of GPU pipelines, facilitating the delivery of AI infrastructure on a global scale.