Nscale raises $2bn Series C at $14.6bn valuation

The Next Web
By Cristian DinaMar 9, 2026, 4:20 am98 pts
The UK hyperscaler has now raised over $4.5bn across equity rounds in less than six months, and says it is the largest Series C ever closed in Europe. That claim deserves scrutiny. When Josh Payne founded Nscale, the company was barely a year old, and the world’s appetite for GPU compute had not yet tipped…

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