NexGen Cloud - About the company
NexGen Cloud is a series A company based in London (United Kingdom), founded in 2020 by Youlian Tzanev and Antony Wade. It operates as a HPC as a service platform. NexGen Cloud has raised $77.3M in funding from Moore & Moore Investments Group, with a current valuation of £*****. The company has 386 active competitors, including 64 funded and 29 that have exited. Its top competitors include companies like CoreWeave, Hewlett Packard Enterprise and Rescale.
Company Details
HPC as a service platform. It is an infrastructure-as-a-service platform that offers GPU cloud computing power for virtual computing needs. It enables users to analyze data and detect anomalies in real-time. It caters its solutions to areas such as medical imaging, video rendering, cloud gaming, computer-aided engineering, and more.
- Website
- www.nexgencloud.com/
- Social
- Email ID
- *****@nexgencloud.com
- Phone Number
- +34 **********
- Registered Address
- SALISBURY HOUSE,LONDON WALL,LONDON,UNITED KINGDOM,EC2M 5PS
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Series A
Total Funding
$77.3M in 18 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jan 09, 2025
Investors
Ranked
36th among 386 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2024
Employee Count
108 as on Mar 31, 2026
Legal entities associated with NexGen Cloud
NexGen Cloud is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEXGEN CLOUD LIMITED CIN: 12556681 , United Kingdom, Active | Apr 14, 2020 | £10M - £50M (As on Dec 31, 2024) | 11 (As on Dec 31, 2024) |
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NexGen Cloud's funding and investors
NexGen Cloud has raised a total funding of $77.3M over 18 rounds. Its first funding round was on Jan 17, 2022. Its latest funding round was a Series A round on Apr 08, 2025 for $*****. 1 investor participated in its latest round. NexGen Cloud has 1 institutional investor.
Here is the list of recent funding rounds of NexGen Cloud:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2025 | 8172936 | Series A | 9618082 | 4134592 | 5373191 | 3546587 |
Jan 09, 2025 | 4382155 | Series A | 3208839 | 7038918 | 6121248 | 1356329 |
Dec 27, 2024 | 2538516 | Series A | 5598085 | 4342899 | 5190801 | 2875734 |
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NexGen Cloud's founders and board of directors
Founder? Claim ProfileThe founders of NexGen Cloud are Youlian Tzanev and Antony Wade.
Here are the details of NexGen Cloud's key team members:
- Youlian Tzanev: Co-Founder & CSO of NexGen Cloud. Contact Info: 1 email address
- Antony Wade: Co-Founder & Director of NexGen Cloud.
View details of NexGen Cloud's Founder profiles and Board Members
NexGen Cloud's employee count trend
NexGen Cloud has 108 employees as of Mar 26. Here is NexGen Cloud's employee count trend over the years:
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NexGen Cloud's Competitors and alternates
Top competitors of NexGen Cloud include CoreWeave, Hewlett Packard Enterprise and Rescale. Here is the list of Top 10 competitors of NexGen Cloud, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 80/100 | |
2nd | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 74/100 | |
3rd | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 71/100 | |
4th |  FluidStack 2017, New York City (United States), Series B | Provider of high performance computing infrastructure for artificial intelligence workloads | $3.28B | 70/100 | |
5th |  Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 70/100 | |
6th | Network of distributed cloud infrastructure providing enterprise grade GPU compute | $9M | 68/100 | ||
7th |  exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
8th | Crusoe 2018, Denver (United States), Series F | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $9.8B | 66/100 | |
9th | E2E Networks 2009, Delhi (India), Public | Provider of cloud infrastructure for artificial intelligence and machine learning | $487K | 65/100 | |
10th | G42 2018, Abu Dhabi (United Arab Emirates), Series D | Developer of artificial intelligence cloud computing and data center infrastructure | $2.3B | 65/100 | |
36th |  NexGen Cloud 2020, London (United Kingdom), Series A | HPC as a service platform | $77.3M | 48/100 |
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NexGen Cloud's Investments and acquisitions
NexGen Cloud has made no investments or acquisitions yet.
Reports related to NexGen Cloud
Here is the latest report on NexGen Cloud's sector:
News related to NexGen Cloud
Media has covered NexGen Cloud for a total of 4 events in the last 1 year, 2 of them have been about company updates.
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Aussie Broadband to buy AGL's retail telco arm for $125miTnews•Feb 11, 2026•Aussie Broadband, AGL, Superloop, NexGen Cloud
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Anna Mosley Launches Leadership Program with Early Adoption by NexGen Cloud and AuxoSme Bulletin•Sep 16, 2025•NexGen Cloud
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InFlux Technologies Teams Up with NexGen Cloud to Deliver AccessibilityGlobeNewswire•Mar 20, 2025•Influx Technology, NexGen Cloud
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Agnostiq Partners with NexGen Cloud’s Hyperstack Platform to Increase Covalent Cloud’s GPU CapacityHpcwire•Jan 25, 2024•Agnostiq, NexGen Cloud
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Aixia Secures 10 Million SEK Contract with NexGen Cloud for Supercloud Data Center Installation in NorwayCision•Jan 09, 2024•AIxIA, NexGen Cloud
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NexGen Cloud’s $1 Billion AI Supercloud to Turbocharge AIBusinessFortNight•Oct 04, 2023•NexGen Cloud, Nvidia
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NexGen Cloud to invest $1bn in NVIDIA GPU AI SupercloudCapacity Media•Sep 27, 2023•NexGen Cloud, Nvidia
•
UK’s NexGen Cloud announces $1B investment in Europe’s first AI SupercloudSilicon Canals•Sep 27, 2023•NexGen Cloud
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