🏆 Deal of the Month · December 2024
Nscale raised USD 155 million in a Series A round in December 2024; the post-money valuation was not disclosed. The investors in the round were not publicly identified.
Nscale — key deal facts
| Company | Nscale |
| Founded | 2023 |
| Headquarters | London, United Kingdom |
| Amount raised | USD 155M |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Sectors | Artificial Intelligence |
Who invested in Nscale?
The investors participating in Nscale's Series A have not been disclosed. The undisclosed nature of the investor syndicate is notable for a round of this scale in the AI infrastructure sector, where strategic backing from hyperscalers or infrastructure funds is common.
What does Nscale do?
Nscale is a vertically integrated AI infrastructure company headquartered in London, United Kingdom, founded in 2023. The company builds and operates GPU-accelerated data centers and provides cloud access to high-performance compute, with a product portfolio that includes a GPU cloud platform offering bare metal nodes supporting NVIDIA A100, H100, and GB200 hardware. Nscale also offers an integrated AI development IDE and a Serverless Inference platform designed for scalable, low-latency workloads. Its infrastructure footprint spans Europe, North America, and Asia, with a sustainability focus evidenced by its Glomfjord, Norway data center, which uses renewable energy and adiabatic cooling.
Nscale valuation & multiples
No multiples analysis is available for this transaction, as Nscale's valuation and revenue figures have not been disclosed. Once comparable disclosed transactions are available, EV/Sales and EV/EBITDA benchmarks for AI infrastructure companies can provide context for relative valuation. Explore Venionaire DealMatrix's AI sector multiples pages for current benchmark ranges across the broader artificial intelligence infrastructure segment.
Explore the benchmarks: Series A.
Frequently asked questions
How much did Nscale raise in its Series A?
Nscale raised USD 155 million in its Series A round in December 2024.
What is Nscale's valuation?
Nscale's valuation was not disclosed in connection with its Series A round.
Who invested in Nscale?
The investors in Nscale's Series A round have not been publicly disclosed.
When was Nscale founded and where is it based?
Nscale was founded in 2023 and is headquartered in London, United Kingdom.
Source: original announcement — read the full report.