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167 British hyperscaler Nscale raises €936 million in milestone for European AI infrastructure

EU-Startups
David Cendon Garcia @ EU-Startups 1 place · today 07:02 EDT

British hyperscaler Nscale raises €936 million in milestone for European AI infrastructure

Nscale, the London-based hyperscaler engineered for AI, today announced it has raised the largest Series B in UK and European history, at €936 million to challenge established global cloud providers and accelerate European sovereign AI infrastructure deployment. The financing was led by Aker ASA, with continued support from existing shareholders, including Sandton Capital, and participation ...

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