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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 801 active competitors, including 135 funded and 96 that have exited. Its top competitors include companies like Databricks, Oracle and IBM.

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.
Social
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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
Stage
Series C
Total Funding
$3.72B in 8 rounds
Post Money Valuation
£9.23B as on Apr 16, 2026
Investors
Ranked
Employee Count
817 as on Jul 31, 2026
Investment & Acquisitions
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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:lockFilter this list
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
-
-
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Nscale's founders and board of directors

Founder? Claim Profile
The founders of Nscale is Josh Payne. Josh Payne is the CEO of Nscale.
Here are the details of Nscale's key team members:

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 3m
Team
-
Current
0y 3m
Team
-
Current
0y 3m

Nscale's employee count trend

Nscale has 817 employees as of Jul 26. Here is Nscale's employee count trend over the years:
Employee count trend for Nscale
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Nscale's Competitors and alternates

Top competitors of Nscale include Databricks, Oracle and IBM. Here is the list of Top 10 competitors of Nscale, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Databricks
Databricks
2013, San Francisco (United States), Series L
Data and AI platform that unifies analytics
$25.2B
83/100
2nd
Logo for Oracle
Oracle
1977, Austin (United States), Public
Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management
-
83/100
3rd
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
81/100
4th
Logo for DigitalOcean
DigitalOcean
2011, New York City (United States), Public
Provider of cloud infrastructure, virtual machines, and managed database hosting
$174M
80/100
5th
Logo for Dell
Dell
1984, Round Rock (United States), Public
Provider of enterprise servers and cloud solutions
-
80/100
6th
Logo for OVHcloud
OVHcloud
1999, Reston (United States), Public
Provider of bare metal servers, virtual private servers, and cloud solutions
$279M
79/100
7th
Logo for Altair
Altair
1985, Troy (United States), Acquired
Provider of enterprise software for simulation, data analytics, AI, and HPC
$35.1M
77/100
8th
Logo for CoreWeave
CoreWeave
2017, Livingston (United States), Public
Provider of cloud computing services for artificial intelligence workloads
$2.38B
75/100
9th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
74/100
10th
Logo for QlikTech
QlikTech
1993, Radnor (United States), Acquired
Provider of data integration, data quality, and analytics solutions
$12.5M
72/100
38th
Logo for Nscale
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 not made any investments yet. Nscale has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 30, 2026
Acquisition
2019
San Francisco (United States)
Mar 16, 2026
Acquisition
1998
Houston (United States)
Dec 16, 2025
Acquisition
1990
Wokingham (United Kingdom)
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Reports related to Nscale

Here is the latest report on Nscale's sector:

News related to Nscale

lockFilter this list
Media has covered Nscale for a total of 95 events in the last 1 year, 37 of them have been about company updates and 13 about partnerships.
Nscale reportedly seeking $3B IPOSiliconAngleAug 22, 2026Nscale
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