London-based AI data center startup Nscale has raised $1.1 billion in Series B funding, marking one of the largest venture capital rounds in Europe to date. The investment values the company at approximately $3 billion and positions it as a key player in the race to scale AI infrastructure across the continent.
The funding round follows strategic partnership announcements with industry leaders including Nvidia, Microsoft, and OpenAI. These collaborations aim to support the rollout of high-performance computing environments tailored for AI workloads, addressing surging demand from enterprises and research institutions.
Nscale’s platform focuses on delivering energy-efficient, scalable data center solutions optimized for artificial intelligence applications. The new capital will be used to expand its footprint, enhance technical capabilities, and accelerate deployment timelines.
With AI adoption intensifying across sectors, Nscale’s latest funding milestone underscores investor confidence in the company’s role as a foundational enabler of Europe’s digital transformation.
