UK's Nscale Closes $433M Pre-Series C SAFE Funding Boosting AI Infrastructure Growth

Nscale, a UK-based AI infrastructure provider founded in 2024, has successfully closed a $433 million Pre-Series C SAFE funding round, following its historic $1.1 billion Series B, the largest in European history. Key investors such as Blue Owl Managed Funds, Dell, Nvidia, and Nokia participated again, demonstrating strong confidence in Nscale's vision to deliver sovereign, scalable AI infrastructure globally. The company evolved from cryptomining infrastructure to AI, acquiring and operating data centers powered by renewable energy, notably in Norway and the UK. Nscale has partnered with major firms like Microsoft and OpenAI to develop significant AI computing projects, including the UK's largest AI supercomputer and the Stargate initiatives in Norway and the UK. With plans to invest $3 billion in UK infrastructure, Nscale is positioned as a leading provider of vertically integrated AI technology, offering compute, networking, storage, and managed software services in its own and colocated data centers. CEO Josh Payne emphasizes the overwhelming investor support as an endorsement of their mission to build large-scale, secure AI infrastructure for the AI era.