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Nscale

Nscale

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

Last Round

Debt

May 11, 2026

Est. Valuation

$14.6B

Total Funding Raised

$4.48B

Momentum Score

50 /100

Company Overview

Nscale is a GPU infrastructure company that develops sustainable AI-ready data centers and delivers high-performance AI cloud services.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, AI Training Infrastructure, Serverless Computing, ML Platforms, DevOps & Containers

Business Model

B2B

Customer Profile

Usage-Based SaaS, Services & Consulting, Government Contracts, Freemium

AI Layer

Infrastructure

Keywords

GPU infrastructureAI cloudsovereign AIGPU cloudserverless inferenceGPU-as-a-ServiceGPUaaSAI trainingAI hyperscalerhigh-performance computingHPCbare metal GPUsovereign cloudvertically integrated AIpay-per-token billingmanaged Kubernetesmanaged Slurm

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 Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Nscale Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
DebtMay 11, 2026
Series CMar 9, 2026
Series CJan 9, 2026
Early FundingOct 1, 2025
Series BSep 25, 2025
Series A
Dec 9, 2024

Secondary Market Activity

Bids, offers, and trades by month

OperationDatePriceSizeShare ClassStructure
OFFER

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

InvestorRounds
Dell Technologies CapitalSeries C
Pacific Investment Management CompanySeries C
T.CapitalSeries B
Jane StreetSeries C
Astra Capital ManagementSeries C
Fidelity Management & Research CompanySeries B, Early Funding
Blue Owl CapitalSeries C, Series B, Early Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 11, 2026

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

  • Apr 29, 2026

    Former Oracle executive Sam Huckaby joins as president of data centers.

Nscale Filings

SEC and related filings with document metadata.

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 Range314
Year Founded2024
Last FundingMay 11, 2026

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.