Nscale Convertible Notes (2026)
Nscale Convertible Notes round listed in the Raise Track Update of 2026-09-28. The amount is not confirmed because the issue gives two different figures.
- Company
- Nscale
- Round type
- Convertible Notes
- Date
- 2026-09-28
- Industry
- AI cloud
- Location
- London, UK
Summary
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.
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Investors
Participating
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.