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Deal · Funding9 March 2026 · Closed

Nscale raises $2 billion Series C

The round is led by Aker ASA and 8090 Industries, with Astra Capital Management, Citadel and 7 others participating. The round values the company at $14.6 billion.

Nscale Issuer · Aker ASA Lead investor · 8090 Industries Lead investor · Astra Capital Management Investor · Citadel Investor · Dell Investor · Jane Street Investor · Lenovo Investor · Linden Advisors Investor · Nokia Investor · NVIDIA Investor · Point72 Investor

The deal

Type
Funding
Amount
$2B
Status
Closed
Round
Series C
Post-money
$14.6BDisclosed
Pre-money
$12.6Bcomputed: post-money minus amount
Region
United Kingdom
Date
9 March 2026

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

Lifecycle

  1. AnnouncedNot recorded
  2. Closed9 March 2026 · This development

Investors in this round

Aker ASA · Lead investor

First round with Nscale

8090 Industries · Lead investor

First round with Nscale

Astra Capital Management · Investor

First round with Nscale

Citadel · Investor

First round with Nscale

Dell · Investor

First round with Nscale

Jane Street · Investor

First round with Nscale

Lenovo · Investor

First round with Nscale

Linden Advisors · Investor

First round with Nscale

Nokia · Investor

First round with Nscale

NVIDIA · Investor

First round with Nscale

Point72 · 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 · this round$2B$14.6BDisclosedAker ASA, 8090 Industries0 of 11
9 December 2024Series A$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

Aker ASA Lead investor

1 development · 1 deal in Minutes

8090 Industries Lead investor

1 development · 1 deal in Minutes

Astra Capital Management Investor

1 development · 1 deal in Minutes