Nscale
Nscale is a London-based company in AI cloud, listed in Section 1 of the Raise Track Update of 2026-09-28.
- Industry
- AI cloud
- Location
- London, UK
About
Nscale is listed in Section 1 of the Raise Track Update of 2026-09-28, which gives the round as $3.4B. Investors named in the issue: Third Point, NVIDIA, Citadel, Hudson Bay Capital, Abu Dhabi Investment Council, 8090 Industries, Davidson Kempner Capital Management, Qube Research & Technologies, Context Capital Management, Longaeva Partners. The issue describes the company this way: A London, U.K.-based full-stack AI cloud platform provider raised $3.36bn via convertible loan notes The financing consisted of an initial $2.36bn tranche at closing and an additional $1bn commitment from NVIDIA with funding expected in mid-November, 2026.
The issue lists $3.4B. Its description says $3.36bn via convertible loan notes, an initial $2.36bn tranche plus a $1bn commitment from NVIDIA, so no exact amount is shown.
This page is not indexed by search engines yet. It is promoted once a second source, separate from the newsletter, confirms the round.
Funding history
| Round | Date | Amount | Lead |
|---|---|---|---|
| Convertible Notes 2026 | 2026-09-28 |
Investors
Sources
Last verified:
- https://www.finsmes.com/2026/09/nscale-raises-3-36-billion-via-convertible-loan-notes.html
Type: reputable publication. Accessed 2026-10-12.
Article linked from the Raise Track Update for 2026-09-28. - https://buttondown.com/raisetrack/archive/raise-track-update-2026-09-28/
Type: other verified public source. Accessed 2026-10-12.
Raise Track Update for 2026-09-28, Section 1. Lists Nscale at $3.4B with investors: Third Point, NVIDIA, Citadel, Hudson Bay Capital, Abu Dhabi Investment Council, 8090 Industries, Davidson Kempner Capital Management, Qube Research & Technologies, Context Capital Management, Longaeva Partners.