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Nscale

UK-based vertically-integrated AI hyperscaler operating GPU data centers and the Nscale Cloud platform
AI 📍 London, UK Founded 2024
Current Valuation
$3.0B
as of 2025-Q3
UNICORN

IPO Outlookprivate

Is Nscale going public?
No. Nscale has no imminent IPO plans on record. It is still private.
What is Nscale's valuation in 2026?
Nscale is valued at $3.0B as of 2025-Q3, set by its Series A ($155M, Jun 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Nscale filed an S-1?
No public S-1 is on file for Nscale.
Who are Nscale's investors?
Nscale's investors include Sandton Capital Partners, Kingsway Capital, Florence Capital, Bain Capital Ventures.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Nscale operates GPU data centers in Norway and the UK using hydropower for cost and emissions advantages. Spun out of Arkon Energy's compute division in 2024. Microsoft signed a multi-year deal for AI compute capacity in late 2025, and the company is expanding aggressively in the UK and EU.

Company Profile

CEO
Josh Payne
Founded
2024
HQ
London, UK
Employees
~250
Total Raised
$685M
Last Round
Series A — $155M (Jun 2025) · Lead: Sandton Capital Partners
IPO Status
no imminent plans

Fundraising Status

Series A · $155M · 1y 2mo ago
no imminent plansTotal raised $685M

Secondary Market

Implied price / share
$1,102.33
Open interest
1
Secondary price return by period
Secondary market period returns3-month+16.8%6-month+29062%1-year+59485%All-time+110133%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series A$155MJun 2025Sandton Capital Partners

Vertical Intelligence — AI / ML

Open models
0
verified organization
Downloads (30d)
0
across all models
Followers
58
Attributed to Hugging Face organization "Nscale" as of 2026-08-19. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗

Talent Signal

No public careers page or job board could be found for Nscale as of 2026-08-17. That itself is a datapoint: no open external hiring surface.
Key Executive Moves
INAlice TakhtajanCFO · 2026-07-31
INSam HuckabyPresident · 2026-07-31
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
Checked the company site and major hosted job boards. Re-checked monthly.

Founders & Key People

Josh Payne

Investors

Sandton Capital Partners · Kingsway Capital · Florence Capital · Bain Capital Ventures

Products

  • Nscale Cloud (managed GPU)
  • Nscale Serverless
  • Glomar (proprietary data center design)

Competitors

CoreWeave · Lambda · Crusoe · Voltage Park
AI InfrastructureGPU CloudHyperscalerUK
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.