# Nexgen Cloud funding: rounds and investors

> Nexgen Cloud has raised $179M across 7 rounds since 2022. Investors include usd.ai, Victory Park Capital Advisors and Silver Point Capital.

Source: https://millionrounds.com/company/nexgen-cloud (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Nexgen Cloud*

7 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Cloud

Raised this month

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Funding summary Updated 5 Nov 2026

**$179M** raised across 7 rounds since 2022, from 7 sources

**$34M** Debt **$106M** Debt

- **Latest round:** Debt, $106M Oct 2026
- **Led by:** usd.ai
- **Step-up i:** 3.1×
- **Investors:** 3 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025 2026

**$1.7M** Round

**$14M** Round

**$7.2M** Round

**$16M** Round

**$420K** Round

**$34M** Debt

**$106M** Debt

- **First round:** Round, $1.7M
- **Biggest round:** $106M
- **Usual gap between rounds:** 9 months

## The rounds

- **Oct 2026** Debt **$106M** *3 new* [usd.ai](https://millionrounds.com/fund/usd-ai) Lead [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) [Silver Point Capital](https://millionrounds.com/fund/silver-point-capital) Reported by PR Newswire: financing agreements
- **Jun 2026** Debt **$34M** No investor was named in the report. Source recorded
- **Feb 2026** Round **$420K** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Oct 2024** Round **$16M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2024** Round **$7.2M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **May 2023** Round **$14M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet
- **Jan 2022** Round **$1.7M** No investor was named in the report. Shares issued, filed with Companies House (SH01); no report of this raise yet

## Founders and team

From Nexgen Cloud's own website: 2 founders, 5 on the team.

**Chris Starkey** Chief Executive Officer & Co-Founder

**Youlian Tzanev** Chief Strategy Officer & Co-Founder

- **Charlotte Farrell** Chief of Staff
- **Cory Hawkvelt** Chief Technology Officer
- **Dan Thomas** Chief Infrastructure Officer
- **Prasanna Rengarajan** Chief Financial Officer
- **Rob Mooney** Chief Revenue Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2022 **Round** 2023 **Round** 2024 **Round** 2024 **Round** 2026 **Debt** 2026 **Debt** 2026 [usd.ai](https://millionrounds.com/fund/usd-ai) L [Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) [Silver Point Capital](https://millionrounds.com/fund/silver-point-capital)

## Everyone who backed them

[usd.ai](https://millionrounds.com/fund/usd-ai) Investment firm **1** round, led 1

[Victory Park Capital Advisors](https://millionrounds.com/fund/victory-park-capital) Private equity **1** round

[Silver Point Capital](https://millionrounds.com/fund/silver-point-capital) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nexgen-cloud).

## Quick answers about Nexgen Cloud

### Who invested in Nexgen Cloud?

Nexgen Cloud's investors include usd.ai, Victory Park Capital Advisors and Silver Point Capital. usd.ai led its latest round.

### How much has Nexgen Cloud raised?

Nexgen Cloud has raised $179M across 7 rounds since 2022.

### When did Nexgen Cloud last raise?

Nexgen Cloud's most recent round was a Debt of $106M in Oct 2026, led by usd.ai.

### What was Nexgen Cloud's biggest round?

Its most recent round, $106M in Oct 2026, is also its largest on record.

### Who backed Nexgen Cloud first?

Nexgen Cloud's first round on record, in Oct 2026, was backed by usd.ai, Victory Park Capital Advisors and Silver Point Capital.

### What stage is Nexgen Cloud at?

Nexgen Cloud's latest named round is a Debt, in Oct 2026.

### Where is Nexgen Cloud based?

Nexgen Cloud is based in the United Kingdom.

### Who led Nexgen Cloud's rounds?

usd.ai led the Debt in 2026.

## Companies like Nexgen Cloud

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Easol** $55M · Oct 2026](https://millionrounds.com/company/easol)[**SAVA** $21M · Oct 2026](https://millionrounds.com/company/sava)

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