Nscale
Nscale develops sustainable AI-ready data centres
Nscale has raised €11B across 9 funding rounds from 45 investors, most recently a Debt round in Sep 2026. Based in Reading, UK; active in Cloud. Data as of 28 Oct 2026.
Reading, UKwww.nscale.com ↗
Total raised
€11B
€11,364,260,370
Funding rounds
9
Investors
45
distinct backers
Active since
2024-12
latest 2026-09
Funding by year
EUR raised per year · 2026 YTDNscale — funding by year — interactive chart.
Data table
| Nscale — funding by year | |
|---|---|
| 2024 | €147M |
| 2025 | €1.3B |
| 2026 | €9.9B |
Signals
High confidenceRaise-next likelihood21
base rate 45% for Debt
- ▼ Raised very recently
- ▼ Low backer re-investment
Exit likelihood54
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▲ 9 rounds raised
- ▼ Young (<3y)
- ▲ Recently backed by strong-exit-track investors
Timing: too soon vs cohort gap · momentum flat. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
9 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2026-09-28 | Debt | €3.0B | 8090 Industries,Apollo,Castleknight,Citadel,Context Capital Management,Davidson Kempner Capital Management+11 more | View deal → |
| 2026-09-01 | Debt | €2.6B | Goldman Sachs,J.P. Morgan | View deal → |
| 2026-07-07 | Debt | €787M | Goldman Sachs,J.P. Morgan,Morgan Stanley | View deal → |
| 2026-05-11 | Debt | €671M | ABN AMRO,DNB,Eksfin,Nordea,SEB Venture Capital | View deal → |
| 2026-03-09 | Series C | €1.7B | 8090 Industries,Aker ASA | View deal → |
| 2026-02-13 | Debt | €1.2B | Blue Owl Capital,GPUs,LuminArx Capital Management,PIMCO | View deal → |
| 2025-10-01 | Other | €369M | Blue Owl Capital,Dell,Existing investors,new investors,Nokia,Nvidia | View deal → |
| 2025-09-25 | Series B | €937M | Aker ASA,Blue Owl Managed Funds,Dell,Existing Shareholders,Fidelity Management & Research Company LLC,G Squared+5 more | View deal → |
| 2024-12-09 | Series A | €147M | Bluesky Asset Management,Florence Capital,Kestrel,Sandton Capital Partners | View deal → |
AI analysis mentioning Nscale
6- Market2026-10-18Top 10 rounds account for half of all capital raised
- Market2026-10-11Six largest rounds equal €11.2B, nearly half of 90-day total
- Pulse2026-10-07Nscale secures €2.95B debt facility
- Market2026-10-04Six largest rounds equal 43% of 90-day total
- Pulse2026-09-1830-day funding total rises sharply against prior 30-day window
- Market2026-09-14Six largest rounds alone total €9.6B
AI-generated analysis · every figure traces to cited rounds.
Investors
458090 IndustriesABN AMROAker ASAApolloBlue Owl CapitalBlue Owl Managed FundsBluesky Asset ManagementCastleknightCitadelContext Capital ManagementDavidson Kempner Capital ManagementDellDNBEksfinExisting investorsExisting ShareholdersFidelity Management & Research Company LLCFlorence CapitalG SquaredGhisalloGoldman SachsGPUsHudson Bay CapitalIrving InvestorsJ.P. MorganJavelin Venture PartnersKestrelLionTreeLongaeva PartnersLuminArx Capital ManagementMorgan Stanleynew investorsNokiaNordeaNvidiaPIMCOPoint72 VenturesQube Research & TechnologiesSandton Capital PartnersSEB Venture CapitalT.Capitalthe Abu Dhabi Investment CouncilThird Point VenturesWellington Partners
Acquisitions
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