British AI cloud provider Nscale raises $3.36 billion in convertible notes ahead of its IPO
Nscale Issuer · Third Point Lead investor · NVIDIA Investor
Intelligence
The deal
- Type
- Funding
- Amount
- $3.36B
- Structure
- Convertible notes: $2.36 billion available now and $1 billion from Nvidia in mid-November
- Status
- Announced
- Round
- Convertible notes ahead of IPO
- Valuation
- Not recorded
- Region
- United Kingdom
- Date
- 25 September 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Activity