Nscale Secures $1.1 Billion to Accelerate AI Data Center Expansion

Team S · 2025-10-16T10:22:22.000Z

Nscale , a UK-based AI infrastructure startup, has raised $1.1 billion in a Series B funding round, marking the largest of its kind in European history. The round was led by Aker ASA , with participation from Nokia , Nvidia , Dell , Fidelity , G Squared , and Point72 . This investment values Nscale at approximately $3 billion . The funds will support the company's expansion of AI data centers across Europe, North America, and the Middle East, including a significant partnership with Microsoft to supply 200,000 Nvidia AI chips for data centers in Texas and Portugal. Nscale plans to go public in late 2026.

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Nscale Secures $1.1 Billion to Accelerate AI Data Center Expansion | Newnex