Nscale closes $433m pre-Series C SAFE financing
Dell, NVIDIA, Nokia and funds managed by Blue Owl back the company days after its $1.1bn Series B.
The SAFE provides financing in advance of a future equity round. Nscale announced it as a separate close on October 1, following its Series B announcement on September 25. Other returning Series B investors and new investors also took part, although the company did not name them.
The additional backing supports Nscale’s ambition to deliver large-scale AI infrastructure. The UK-headquartered business combines computing, networking, storage and managed software in its own and colocated data centres, serving customers that need capacity for AI training and inference.
This SAFE later formed part of the $2 billion Series C announced on March 9, 2026; the Series C total includes this earlier financing.