Nscale raises $2 billion Series C at $14.6 billion valuation

Nscale

Nscale announced a $2 billion Series C funding round led by Aker ASA and 8090 Industries, valuing the company at $14.6 billion. Capital will fund expansion of AI data center footprint in Europe and North America. Notable investors include NVIDIA, Citadel, Dell, and others.

• Series C valuation: $14.6B, led by Aker ASA and 8090 Industries.
• Capital to expand AI data centers in Narvik (Norway), UK, and the US.
• Investors include NVIDIA, Citadel, Dell, Jane Street, Lenovo, Nokia and Point72.