Nscale — Valuation, Funding & Investors

Nscale builds the physical and digital layers of AI infrastructure, from data centers and dedicated GPU clusters to a managed cloud platform with inference, Kubernetes, Slurm and enterprise identity tools. Its Nscale Energy & Power division supplies the dedicated power that AI facilities need, tying together compute, buildings and electricity under one company. Josh Payne founded Nscale in May 2024 in London, where the company is headquartered, after building earlier businesses in recruitment, capital markets and supercomputing infrastructure.

Customers span AI-native companies scaling model development and telecom operators optimizing 5G networks with GPU capacity. In 2026 Nscale acquired Anyscale to broaden its cloud platform and signed a strategic partnership with Figure on physical AI, moves that came alongside new board member Fidji Simo joining that September.

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Nscale.

Often trade at a premium or discount to NAV.

Platforms match existing holders with buyers. Nscale availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Valuations, rounds and IPO status for every company in the directory — Nscale included.

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

The last valuation is $14.6B (post-money, Mar 2026).

Lead investors for each round are in the funding timeline.

The closest ai infrastructure / gpu cloud and data centers peers are on the competitors page.