Nscale
PrivateLast Round
Debt
Aug 31, 2026
Est. Valuation
$14.6B
Total Funding Raised
$8.46B
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, Computing Hardware
Business Model
B2B
Customer Profile
Usage-Based SaaS, Subscription SaaS
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Nscale Comparables
Compare Nscale with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Fluidstack | 90% | |
| CoreWeave | 85% | |
| Lambda | 84% | |
Nscale Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Aug 31, 2026 | ||||
| Debt | Jul 7, 2026 | ||||
| Debt | May 11, 2026 | ||||
| Series C | Mar 9, 2026 | ||||
| Series C | Jan 9, 2026 | ||||
SAFE | Oct 1, 2025 |
Secondary Market Activity
Bids, offers, and trades by month
| Operation | Date | Price | Size | Share Class | Structure |
|---|---|---|---|---|---|
OFFER | |||||
BID | |||||
OFFER |
Key People
Founding team and executive leadership
Nscale Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| KeyBank | Debt |
| Pacific Investment Management Company | Series C |
| T.Capital | SAFE |
| Mitsubishi UFJ Financial Group | Debt |
| Jane Street | Series C |
| Astra Capital Management | Series C |
| Fidelity Management & Research Company | SAFE, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 2, 2026
Grew 56% QoQ, from 585 to 914 employees.
- Aug 31, 2026
$3.0B debt round completed.
Nscale Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Appears On
Curated lists and screens where this company is featured.
Frequently Asked Questions
Common questions about Nscale's valuation, stock price, and market status.