Nscale raises $2bn Series C at $14.6bn valuation

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March 9, 2026, 8:20 AM

• •Nscale's Series C is reportedly the largest in Europe.
• •The company's focus is on GPU-dense AI infrastructure.
• •Nscale has secured large contracts with Microsoft.
• •The board appointments emphasize governance and credibility.

Nscale, a UK hyperscaler founded in 2024, has raised over $4.5 billion in equity rounds within six months, closing a $2 billion Series C round and targeting a $14.6 billion valuation. The company aims to build vertically integrated AI infrastructure across Europe, North America, and Asia, focusing on GPU compute, networking, and data services. Nscale has appointed Sheryl Sandberg, Susan Decker, and Nick Clegg to its board, signaling a shift towards governance and credibility. The company's success hinges on whether it can deploy its infrastructure quickly enough to meet the growing demand in the AI market.

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