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FLUIDSTACK
FluidStack
Infrastructure · United States · ≈ · 440 · employees

FluidStack Funding — Last Valued at $7.5B

Private

FluidStack has raised $2B across 3 funding rounds, plus 1 undated round. The latest round valued FluidStack at $7.5B post-money, with Situational Awareness, Leopold Aschenbrenner on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
FluidStack funding · at a glance
Total raised, all rounds
$2B
sum of disclosed sizes
Funding rounds
3
plus 1 undated round
Latest round
$7.5B
post-money · Jan 2026
Lead on that event
Situational Awareness
lead investor
2026
About FluidStack

Fluidstack reached an $18 billion valuation, according to Forbes reporting on the British startup's rise from renting out gamers' GPUs to helping Google take on Nvidia in AI compute. That valuation followed Fluidstack's shift into acquiring power and operating data centers to deliver computational resources to AI labs.

Funding timeline

The FluidStack funding timeline

3 funding rounds, the latest highlighted.

UNDATED
Series (undisclosed)

No date is disclosed for this round.

MAR 2019
Seed

Mercuri, 7 Global Capital. $3M raised, led by Seedcamp.

Valuation basisAmount$3MPrice / shareLeadSeedcamp
FEB 2025
Series A

Episode 1, Mana Ventures, 7 Global Capital. $200M raised, led by Cacti.

Valuation basisAmount$200MPrice / shareLeadCacti
JAN 2026LATEST
Series A at $7.5B post-money

A primary round — the company sells new shares to investors it selects. $830M raised, led by Situational Awareness, Leopold Aschenbrenner.

Valuation basispost-moneyAmount$830MPrice / shareLeadSituational Awareness, Leopold Aschenbrenner
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

FluidStack funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series A LATEST
Jan 2026
$830M
$7.5Bpost-money
—
Situational Awareness, Leopold Aschenbrenner
—
Series A
Feb 2025
$200M
—
—
Cacti
Episode 1, Mana Ventures, 7 Global Capital
Seed
Mar 2019
$3M
—
—
Seedcamp
Mercuri, 7 Global Capital
Series (undisclosed)
—
$1B
$18Bpost-money
—
Jane Street, Situational Awareness
Morgan Stanley advising
FluidStack · investors

Investors

Jane StreetLEADSSituational AwarenessLEADLLeopold AschenbrennerLEADCCactiLEADSSeedcampLEADMorgan Stanley

Frequently asked questions

Is FluidStack publicly traded?›

No. FluidStack is a private company; its shares do not trade on a public exchange.

What is FluidStack's valuation?›

The last valuation is $7.5B (post-money, Jan 2026).

Who has invested in FluidStack?›

Lead investors for each round are in the funding timeline.

Who are FluidStack's competitors?›

The closest infrastructure peers are on the competitors page.

How can I get exposure to FluidStack?›

The routes section explains what is realistically available for a company at this stage.

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