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The deal

Type
Funding
Amount
$155M
Status
Closed
Round
Series A
Post-money
Not recorded
Region
United Kingdom
Date
9 December 2024

As of this development: a later development may record new terms.

Lifecycle

  1. AnnouncedNot recorded
  2. Closed9 December 2024 · This development

Investors in this round

Sandton Capital Partners · Lead investor

First round with Nscale

Kestrel 0x1 · Investor

First round with Nscale

Blue Sky Capital Managers Ltd · Investor

First round with Nscale

Florence Capital · Investor

First round with Nscale

Nscale’s rounds

3 rounds since 2024 · as disclosed: $5.52B

Nscale's funding rounds Minutes has recorded
DateRoundAmountPost-moneyLed byReturning
25 September 2026Convertible notes ahead of IPO$3.36B—Third Point1 of 2
9 March 2026Series C$2B$14.6BDisclosedAker ASA, 8090 Industries0 of 11
9 December 2024Series A · this round$155M—Sandton Capital Partners0 of 4

Ownership and exit

Listed

18 September 2026 · IPO · Filed · after 2 rounds since 2024 · The deal

Minutes shows stakes only when a party discloses them.

The parties

Nscale Issuer

6 developments · 4 deals in Minutes

Sandton Capital Partners Lead investor

1 development · 1 deal in Minutes

Kestrel 0x1 Investor

1 development · 1 deal in Minutes

Blue Sky Capital Managers Ltd Investor

1 development · 1 deal in Minutes