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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 $3.28B in funding from investors like Aker ASA, Sandton Capital Partners and 8090 Industries, with a current valuation of £9.23B. The company has 441 active competitors, including 56 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.
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
$3.28B in 6 rounds
Post Money Valuation
£9.23B as on Apr 16, 2026
Investors
Ranked
Employee Count
484 as on Apr 30, 2026
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Nscale's funding and investors

Nscale has raised a total funding of $3.28B over 6 rounds. Its first funding round was on Dec 2023. Its latest funding round was a Conventional Debt round on May 11, 2026 for $790M. 4 investors participated in its latest round. Nscale has 30 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
May 11, 2026
$790M
Conventional Debt
-
-
-
Mar 09, 2026
$2B
Series C
-
-
Feb 13, 2026
$1.4B
Conventional Debt
-
-
-
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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 employee count trend

Nscale has 484 employees as of Apr 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 OVHcloud, CoreWeave and Nuro. 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 OVHcloud
OVHcloud
1999, Reston (United States), Public
Provider of bare metal servers, virtual private servers, and cloud solutions
$279M
79/100
2nd
Logo for CoreWeave
CoreWeave
2017, New York City (United States), Public
Provider of cloud computing services for artificial intelligence workloads
$2.38B
75/100
3rd
Logo for Nuro
Nuro
2016, Mountain View (United States), Series E
Developer of autonomous driving technology for automakers and mobility providers
$2.34B
72/100
4th
Logo for Theta Token
Theta Token
2016, Cupertino (United States), Series A
Decentralized video delivery platform
$9.26M
71/100
5th
Logo for Rescale
Rescale
2011, San Francisco (United States), Series D
Provider of high performance computing platform for engineering and science
$369M
70/100
6th
Logo for Neysa
Neysa
2023, Mumbai (India), Series B
Provider of AI acceleration cloud system with infrastructure and services
$650M
70/100
7th
Logo for FluidStack
FluidStack
2017, New York City (United States), Series B
Provider of managed high performance computing clusters for artificial intelligence
$1.05B
69/100
8th
Logo for exaBITS
exaBITS
2021, San Mateo (United States), Seed
Decentralized GPU computing infrastructure for AI workloads
$20M
68/100
9th
Logo for Crusoe
Crusoe
2018, Denver (United States), Series E
Operator of cloud platform providing infrastructure for artificial intelligence workloads
$2.77B
67/100
10th
Logo for JuliaHub
JuliaHub
2015, Cambridge (United States), Series B
Platform offering HPC solutions
$127M
65/100
15th
Logo for Nscale
Nscale
2023, London (United Kingdom), Series C
Provider of cloud infrastructure for artificial intelligence and computing workloads
$3.28B
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)
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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 86 events in the last 1 year, 34 of them have been about company updates and 14 about partnerships.
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