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 specialized infrastructure and cloud services for artificial intelligence. Nscale has raised $7.08B in funding from investors like Aker ASA, Sandton Capital Partners and 8090 Industries, with a current valuation of $14.6B. The company has 1220 active competitors, including 151 funded and 108 that have exited. Its top competitors include companies like Databricks, Oracle and Altair.
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/
- Social
- 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
$7.08B in 10 rounds
Latest Funding Round
Post Money Valuation
$14.6B as on Mar 09, 2026
Ranked
40th among 1220 active competitors
Annual Revenue
£0 - £1M as on Dec 31, 2024
Employee Count
914 as on Aug 31, 2026
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 | £0 - £1M (As on Dec 31, 2024) | - |
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Nscale's funding and investors
Nscale has raised a total funding of $7.08B over 10 rounds. Its first funding round was on Dec 2023. Its latest funding round was a Convertible Debt round on Sep 25, 2026 for $3.36B. 15 investors participated in its latest round. Nscale has 55 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Nscale:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 25, 2026 | $3.36B | Convertible Debt | - | - | - | Nvidia, Apollo Global Management, Citadel, Hudson Bay Capital, Abu Dhabi Investment Council, 8090 Industries, Davidson Kempner Capital Management, Qube Research & Technologies, Longaeva Partners, Wellington, Ghisallo Capital Management, LionTree, Javelin Venture Partners, Irving Investors, Third Point |
Sep 01, 2026 | $3B | Conventional Debt | - | - | - | - |
Jul 08, 2026 | $900M | Conventional Debt | - | - | - |
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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 5m | |
Team | - | Current | 0y 5m | |
Team | - | Current | 0y 5m |
View details of Nscale's Founder profiles and Board Members
Nscale's employee count trend
Nscale has 914 employees as of Aug 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 Databricks, Oracle and Altair. 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 |  Databricks 2013, San Francisco (United States), Series L | Provider of a unified data and AI platform for building and managing analytical and operational workloads | $25.2B | 84/100 | |
2nd | Oracle 1977, Austin (United States), Public | Provider of cloud-based enterprise software solutions for applications, platform, and infrastructure management | - | 83/100 | |
3rd |  Altair 1985, Troy (United States), Acquired | Provider of enterprise software for simulation, data analytics, AI, and HPC | $35.1M | 81/100 | |
4th |  CoreWeave 2017, Livingston (United States), Public | Provider of cloud computing services for artificial intelligence workloads | $2.38B | 81/100 | |
5th | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
6th |  OVHcloud 1999, Reston (United States), Public | Provider of bare metal servers, virtual private servers, and cloud solutions | $279M | 79/100 | |
7th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 75/100 | |
8th | Dell 1984, Round Rock (United States), Public | Provider of enterprise servers and cloud solutions | - | 75/100 | |
9th | Nuro 2016, Mountain View (United States), Series E | Developer of autonomous driving technology for automakers and mobility providers | $2.34B | 73/100 | |
10th |  FluidStack 2017, New York City (United States), Series B | Provider of high performance computing infrastructure for artificial intelligence workloads | $2.55B | 72/100 | |
40th |  Nscale 2023, London (United Kingdom), Series C | Provider of specialized infrastructure and cloud services for artificial intelligence | $7.08B | 61/100 |
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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:Filter this list
Filter this listDate 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
Filter this listMedia has covered Nscale for a total of 97 events in the last 1 year, 33 of them have been about company updates and 13 about partnerships.
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Fast-growing AI startup Nscale doubles Bellevue office footprint to 46K square feetGeekWire•Oct 08, 2026•Nscale
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Nscale Appoints Tech Industry Veteran Justin Osofsky as Chief Operating OfficerAiThority•Oct 05, 2026•Nscale
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Nscale Raises $3.36 Billion in Pre-IPO RoundStock Screener•Sep 25, 2026•Nscale, Hudson Bay Capital, Apollo Global Management, Nvidia and 4 others
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Nscale appoints Frank Slootman to board and Adam Rosman as chief legal officerTelecompaper•Sep 23, 2026•Nscale
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Data center builder Nscale files for IPO after multibillion-dollar Anthropic dealSiliconAngle•Sep 19, 2026•Nscale, Third Point Ventures, Nvidia, Apollo Global Management
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Nscale Adds Former OpenAI Exec Fidji Simo to Board Ahead of Potential IPOTechCrunch+•Sep 11, 2026•Nscale
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UK AI Cloud Company Nscale Plans US IPO to Raise $3 Billion at $50 Billion ValuationCaproasia•Sep 06, 2026•Nscale
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Nscale and Figure Sign Strategic Partnership to Power the Next Generation of Physical AIAiThority•Sep 03, 2026•Nscale, Figure, Figure
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