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Nscale

Nscale

Private
LondonAI, Data & Cloud Infrastructurehttps://www.nscale.com/

Last Round

Debt

Jul 7, 2026

Est. Valuation

$14.6B

Total Funding Raised

$4.74B

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Nscale is an AI infrastructure company that develops sustainable, high-performance data centers and provides a full-stack AI cloud platform for training, fine-tuning, and inference.

Sector

AI, Data & Cloud Infrastructure

Verticals

AI Training Infrastructure, Cloud Infrastructure

Business Model

B2B

Customer Profile

Services & Consulting, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

GPU cloudAI infrastructuresovereign AIGPU computeAI factoryGPU clusterinfrastructure as a serviceIaaSdata center colocationGPU rentalhigh performance computingHPCserverless inferenceGPU farmmodel trainingcloud infrastructure

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Nscale Comparables

Compare Nscale with similar companies based on industry and business-model similarity.

Nscale comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Crusoe Energy Systems
84%
CoreWeave
84%
Fluidstack
83%

Nscale Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
DebtJul 7, 2026
DebtMay 11, 2026
Series CMar 9, 2026
Series CJan 9, 2026
SAFEOct 1, 2025
Early Funding
Oct 1, 2025

Secondary Market Activity

Bids, offers, and trades by month

Data table
OperationDatePriceSizeShare ClassStructure
OFFER
OFFER
OFFER
BID
BID

Key People

Founding team and executive leadership

Josh Payne

Founder Chief Executive Officer

Founding Team

David Power

CTO

Executive Team

Alex Sharp

Chief Operating Officer

Executive Team

Nscale Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 30, 2026

    Grew 82% QoQ, from 388 to 708 employees.

  • May 11, 2026

    $790M debt round from ABN AMRO Bank, Nordea, and DNB Bank.

Nscale Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Nscale Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Nscale's valuation, stock price, and market status.

Firmographic Details

HeadquartersLondon
Employee Range708
Year Founded2023
Last FundingJul 7, 2026

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