Nscale - About the company
Nscale is a series C company based in London (United Kingdom), founded in 2023 by Josh Payne. It operates as a Provider of cloud infrastructure for artificial intelligence and computing workloads. Nscale has raised $3.72B in funding from investors like Aker ASA, Sandton Capital Partners and 8090 Industries, with a current valuation of £9.23B. The company has 345 active competitors, including 60 funded and 24 that have exited. Its top competitors include companies like OVHcloud, CoreWeave and Nuro.
Sectors and market segments that Nscale operate in
Nscale serves in the High Tech, Native AI market segments.The primary business model of Nscale are:Company Details
Provider of cloud infrastructure for artificial intelligence and computing workloads. Services include access to graphics processing units, virtual machines, and bare metal nodes for model training and inference. The platform offers container orchestration, batch scheduling, and storage systems designed for high-throughput data processing. Automated tools manage system health, resource allocation, and performance monitoring across the infrastructure. Users access the resources through application programming interfaces to support development, testing, and deployment of machine learning models.
- Website
- www.nscale.com/
- Email ID
- *****@nscale.com
- Registered Address
- C/O ZEDRA BOOTHS HALL, BOOTHS PARK 3, CHELFORD ROAD, KNUTSFORD, CHESHIRE, UNITED KINGDOM, WA16 8GS
Key Metrics
Founded Year
2023
Location
London, United Kingdom
Stage
Series C
Total Funding
$3.72B in 8 rounds
Latest Funding Round
Post Money Valuation
£9.23B as on Apr 16, 2026
Ranked
14th among 345 active competitors
Employee Count
736 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Nscale
Nscale is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NSCALE GLOBAL HOLDINGS LIMITED CIN: 15749408 , United Kingdom, Active | May 29, 2024 | - | - |
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Nscale's funding and investors
Nscale has raised a total funding of $3.72B over 8 rounds. Its first funding round was on Dec 2023. Its latest funding round was a Conventional Debt round on Jul 08, 2026 for $900M. 12 investors participated in its latest round. Nscale has 41 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Nscale:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 08, 2026 | $900M | Conventional Debt | - | - | - | |
May 11, 2026 | $790M | Conventional Debt | - | - | - | |
Mar 09, 2026 | $2B | Series C | - | - |
View details of Nscale's funding rounds and investors
Nscale's founders and board of directors
Founder? Claim ProfileThe founders of Nscale is Josh Payne. Josh Payne is the CEO of Nscale.
Here are the details of Nscale's key team members:
- Josh Payne: Founder & CEO of Nscale. Contact Info: 1 email address
Nscale's Board of Directors
Nscale's board has 3 active members. Philippe Sachs, Judith Akinosho and Lauren R Hurwitz are part of team.Here is the list of Nscale's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 0y 2m | |
Team | - | Current | 0y 2m | |
Team | - | Current | 0y 2m |
View details of Nscale's Founder profiles and Board Members
Nscale's employee count trend
Nscale has 736 employees as of Jun 26. Here is Nscale's employee count trend over the years:
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Nscale's Competitors and alternates
Top competitors of Nscale include OVHcloud, CoreWeave and Nuro. Here is the list of Top 10 competitors of Nscale, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | OVHcloud 1999, Reston (United States), Public | Provider of bare metal servers, virtual private servers, and cloud solutions | $279M | 79/100 | |
2nd | CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 75/100 | |
3rd | Nuro 2016, Mountain View (United States), Series E | Developer of autonomous driving technology for automakers and mobility providers | $2.34B | 72/100 | |
4th | Theta Token 2016, Cupertino (United States), Series A | Decentralized video delivery platform | $9.26M | 70/100 | |
5th | Rescale 2011, San Francisco (United States), Series D | Provider of high performance computing platform for engineering and science | $369M | 70/100 | |
6th | FluidStack 2017, New York City (United States), Series B | Provider of managed high performance computing clusters for artificial intelligence | $1.78B | 70/100 | |
7th | Provider of AI acceleration cloud system with infrastructure and services | $650M | 66/100 | ||
8th | exaBITS 2021, San Mateo (United States), Seed | Decentralized GPU computing infrastructure for AI workloads | $20M | 67/100 | |
9th | Crusoe 2018, Denver (United States), Series E | Operator of cloud platform providing infrastructure for artificial intelligence workloads | $2.77B | 66/100 | |
10th | E2E Networks 2009, Delhi (India), Public | Provider of cloud infrastructure for artificial intelligence and machine learning | $487K | 66/100 | |
14th | Nscale 2023, London (United Kingdom), Series C | Provider of cloud infrastructure for artificial intelligence and computing workloads | $3.72B | 62/100 |
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Nscale's Investments and acquisitions
Nscale has acquired 3 companies including American International Petroleum Corporation, Future tech and Kontena. Nscale has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 16, 2026 | Acquisition | 1998 | Houston (United States) | |
Dec 16, 2025 | Acquisition | 1990 | Wokingham (United Kingdom) | |
Jul 22, 2024 | Acquisition | 2018 | Antwerp (Belgium) |
See all acquisitions by Nscale
Reports related to Nscale
Here is the latest report on Nscale's sector:
News related to Nscale
Media has covered Nscale for a total of 94 events in the last 1 year, 39 of them have been about company updates and 13 about partnerships.
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Grid delays force Starmer-backed AI data centre to seek alternative powerCity A.M.•Jul 13, 2026•Nscale
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Nscale Closes $900 Million Revolving Credit Facility to Fund AI InfrastructurePR Newswire•Jul 07, 2026•Nscale, JPMorgan Chase, Goldman Sachs, J P Morgan and 1 other
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Europe's startup surge is becoming harder for investors to ignoreStartup Fortune•May 25, 2026•Nscale
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Europe’s $17bn tech quarter: AI, deep tech win as fintech slidesSilicon Republic•May 11, 2026•Nscale, Neura Robotics
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