UK’s Nscale closes  $433M Pre-Series C SAFE days after record-breaking $1.1B Series B

UK-based Nscale, an AI infrastructure provider, announced that it has secured $433M (approximately €370M) in a Pre-Series C SAFE funding round.

The funding round was backed by key investors such as Blue Owl Managed Funds, Dell, NVIDIA and Nokia, along with other existing Series B and new investors.

The Pre-Series C SAFE funding comes a few days after Nscale announced the largest Series B funding round in European history, raising $1.1B.

We’re overwhelmed by the interest we’ve received. It’s incredible to see that the passion and confidence we have in Nscale is matched by key investors,” says Josh Payne, CEO and founder of Nscale. “This commitment to participating in our pre-Series C SAFE, just days after the close of our Series B funding, represents a powerful endorsement of our vision to deliver sovereign, scalable infrastructure for the AI era.”

Last month, the company announced a partnership with Microsoft to develop the UK’s largest AI supercomputer on Nscale’s AI Campus in Loughton.

Separately, Nscale, OpenAI and NVIDIA announced they are together establishing Stargate UK.

In July, Nscale announced the launch of Stargate Norway, a partnership with Aker ASA and OpenAI to create Europe’s first hyperscale AI.

Nscale: Provider of advanced AI infrastructure

Led by Josh Payne, Nscale is a global provider of advanced AI infrastructure, designed for high-security needs.

The company provides vertically integrated compute, networking, storage, managed software and AI services delivered in Nscale-owned and colocated data centres.

With its fully integrated AI tools and new data centres in Europe and North America, Nscale helps customers efficiently train, fine-tune, and run AI applications at scale.