Nscale secures €1.7 billion Series C to build global AI compute infrastructure
Nscale has secured a significant €1.7 billion Series C funding round, marking a pivotal moment for European AI infrastructure development. This substantial investment underscores the escalating demand for advanced computing power necessary to fuel the rapid integration of artificial intelligence across industries. The funding will accelerate Nscale's global expansion of vertically integrated AI infrastructure, encompassing GPU compute, networking, and data services. The Series C round, led by Aker ASA and 8090 Industries, positions Nscale at a valuation of €12.6 billion and saw participation from major tech players and investors including NVIDIA and Dell. This capital infusion follows previous significant debt facilities and a Series B round, signaling strong confidence in Nscale's strategy to build the foundational compute engine for the AI revolution. This aggressive funding highlights the broader trend of substantial investment flowing into Europe's AI infrastructure sector throughout 2025 and 2026. This surge in funding for companies like Nscale, DataCrunch, and NexGen Cloud is crucial for fostering European digital sovereignty in AI. By investing in domestic AI compute capacity, the continent aims to reduce reliance on non-European hyperscalers and build a robust, independent AI ecosystem. The focus extends beyond raw compute to include critical enabling technologies such as advanced chip cooling and memory infrastructure, as demonstrated by investments in Corintis and Cognee.
Curated and translated by Europe Digital for our multilingual European audience.
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