# Nscale funding: rounds and investors

> Nscale has raised $6.9B across 4 rounds since 2025. Investors include NVIDIA, Dell and Nokia. Every round with its source.

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

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

# Who invested in *Nscale*

4 rounds we have observed, with the 23 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 Big Data & Analytics Cloud Construction

Raised 1 month ago

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Funding summary Updated 5 Nov 2026

**$6.9B** raised across 4 rounds since 2025, from 13 sources

**$1.1B** Series B **$433M** Series C **$2.0B** Series C **$3.4B** Round

- **Latest round:** Round, $3.4B Sept 2026
- **Led by:** Third Point
- **Step-up i:** 1.7×
- **Investors:** 23 (5 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.

2026

**$1.1B** Series B

**$433M** Series C

**$2.0B** Series C

**$3.4B** Round

- **First round:** Series B, $1.1B
- **Biggest round:** $3.4B
- **Usual gap between rounds:** 6 months

## The rounds

- **Sept 2026** Round **$3.4B** *3 new* *1 returning* [Third Point](https://millionrounds.com/fund/third-point) Lead [Wellington Management](https://millionrounds.com/fund/wellington-management) [NVIDIA](https://millionrounds.com/fund/nvidia) [Apollo](https://millionrounds.com/fund/apollo-global-management) Reported by TechCrunch and 1 other
- **Mar 2026** Series C **$2.0B** *9 new* *6 returning* [8090 Industries](https://millionrounds.com/fund/8090-industries) Lead [Private Equity](https://millionrounds.com/fund/aker) Lead [Aker ASA](https://millionrounds.com/fund/aker-asa) Lead [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [NVIDIA](https://millionrounds.com/fund/nvidia) [Blue Owl](https://millionrounds.com/fund/blue-owl) [Dell](https://millionrounds.com/fund/dell) [Point72](https://millionrounds.com/fund/point72) [Nokia](https://millionrounds.com/fund/nokia) [Jane Street](https://millionrounds.com/fund/jane-street) [Lenovo](https://millionrounds.com/fund/lenovo) [Citadel](https://millionrounds.com/fund/citadel) [Astra Capital Management](https://millionrounds.com/fund/astra-capital-management) [Linden Advisors](https://millionrounds.com/fund/linden-advisors) Reported by 8090 Industries and 7 others
- **Oct 2025** Series C **$433M** *1 new* *4 returning* [Private Equity](https://millionrounds.com/fund/aker) Lead [Blue Owl Managed Funds](https://millionrounds.com/fund/blue-owl-managed-funds) Lead [NVIDIA](https://millionrounds.com/fund/nvidia) [Dell](https://millionrounds.com/fund/dell) [Nokia](https://millionrounds.com/fund/nokia) Reported by TechStartups and 1 other
- **Sept 2025** Series B **$1.1B** *10 new* [Aker ASA](https://millionrounds.com/fund/aker-asa) Lead [Fidelity](https://millionrounds.com/fund/fidelity) [NVIDIA](https://millionrounds.com/fund/nvidia) [Dell](https://millionrounds.com/fund/dell) [Point72](https://millionrounds.com/fund/point72) [Nokia](https://millionrounds.com/fund/nokia) [G Squared](https://millionrounds.com/fund/g-squared) [T Capital](https://millionrounds.com/fund/t-capital-2) [Blue Owl Managed Funds](https://millionrounds.com/fund/blue-owl-managed-funds) [Sandton Capital](https://millionrounds.com/fund/sandton-capital) Reported by Firms' own news pages

## Funding filed with regulators

Nscale filed one raise, $36M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Jul 2026 **$36M** UK share allotment

## 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.

**Series B** 2025 **Series C** 2025 **Series C** 2026 **Round** 2026 [NVIDIA](https://millionrounds.com/fund/nvidia) [Dell](https://millionrounds.com/fund/dell) [Nokia](https://millionrounds.com/fund/nokia) [Private Equity](https://millionrounds.com/fund/aker) L L [Aker ASA](https://millionrounds.com/fund/aker-asa) L L [Blue Owl Managed Funds](https://millionrounds.com/fund/blue-owl-managed-funds) L [Point72](https://millionrounds.com/fund/point72) [8090 Industries](https://millionrounds.com/fund/8090-industries) L [Third Point](https://millionrounds.com/fund/third-point) L [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)

## Everyone who backed them

[NVIDIA](https://millionrounds.com/fund/nvidia) Company **4** rounds

[Dell](https://millionrounds.com/fund/dell) Growth equity **3** rounds

[Nokia](https://millionrounds.com/fund/nokia) Corporate VC **3** rounds

[Private Equity](https://millionrounds.com/fund/aker) Investment firm **2** rounds, led 2

[Aker ASA](https://millionrounds.com/fund/aker-asa) Growth equity **2** rounds, led 2

[Blue Owl Managed Funds](https://millionrounds.com/fund/blue-owl-managed-funds) Growth equity **2** rounds, led 1

[Point72](https://millionrounds.com/fund/point72) Hedge fund **2** rounds

[8090 Industries](https://millionrounds.com/fund/8090-industries) VC firm **1** round, led 1

[Third Point](https://millionrounds.com/fund/third-point) Hedge fund **1** round, led 1

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[Apollo](https://millionrounds.com/fund/apollo-global-management) Private equity **1** round

[Blue Owl](https://millionrounds.com/fund/blue-owl) Asset manager **1** round

[Jane Street](https://millionrounds.com/fund/jane-street) Growth equity **1** round

[Lenovo](https://millionrounds.com/fund/lenovo) Growth equity **1** round

[G Squared](https://millionrounds.com/fund/g-squared) VC firm **1** round

[T Capital](https://millionrounds.com/fund/t-capital-2) VC firm **1** round

[Citadel](https://millionrounds.com/fund/citadel) Corporate VC **1** round

[Astra Capital Management](https://millionrounds.com/fund/astra-capital-management) Private equity **1** round

[Linden Advisors](https://millionrounds.com/fund/linden-advisors) Growth equity **1** round

[Sandton Capital](https://millionrounds.com/fund/sandton-capital) Growth equity **1** round

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

## Also claim to have backed them

These 9 firms list Nscale as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[VentureSouq](https://millionrounds.com/fund/venturesouq) VC firm Seed, per its site

[Javelin Venture Partners](https://millionrounds.com/fund/javelin-venture-partners) VC firm Per its own site

[Chazen Capital Partners](https://millionrounds.com/fund/chazen-capital-partners) VC firm Per its own site

[Pittco Management](https://millionrounds.com/fund/pittco-management) Family office Per its own site

[Dhuna Ventures](https://millionrounds.com/fund/dhuna-ventures) VC firm Per its own site

[Horsman Holdings LLC](https://millionrounds.com/fund/horsman-holdings-llc) Family office Per its own site

[IceNine](https://millionrounds.com/fund/icenine) VC firm Per its own site

[Karmans Line](https://millionrounds.com/fund/karmans-line) VC firm Per its own site

[Synergis Capital](https://millionrounds.com/fund/synergis-capital) Growth equity Per its own site

## Quick answers about Nscale

### Who invested in Nscale?

Nscale's investors include NVIDIA, Dell, Nokia, Private Equity and Aker ASA, and 18 more on record. Third Point led its latest round.

### How much has Nscale raised?

Nscale has raised $6.9B across 4 rounds since 2025.

### When did Nscale last raise?

Nscale's most recent round was an Undisclosed round of $3.4B in Sept 2026, led by Third Point.

### What was Nscale's biggest round?

Its most recent round, $3.4B in Sept 2026, is also its largest on record.

### Who backed Nscale first?

Nscale's first round on record, in Sept 2025, was backed by Aker ASA, Fidelity and NVIDIA and 7 others.

### What stage is Nscale at?

Nscale's latest named round is an Undisclosed round, in Sept 2026.

### Where is Nscale based?

Nscale is based in the United Kingdom.

### Who led Nscale's rounds?

Aker ASA led the Series B in 2025; Private Equity led the Series C in 2025; 8090 Industries led the Series C in 2026; Third Point led the Undisclosed round in 2026.

## Companies like Nscale

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

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