Tech Company Financing Transactions
Nscale Funding Round
On 5/11/2026, Nscale raised $790 million in funding from ABN AMRO, DNB and Nordea Bank.
Transaction Overview
Company Name
Announced On
5/11/2026
Transaction Type
Debt
Amount
$790,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the financing to expand operation and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Sam Eydes Vei 47
Glomfjord, 8160
Norway
Glomfjord, 8160
Norway
Phone
Undisclosed
Website
Email Address
Overview
At Nscale, we're driven by the vision to redefine the boundaries of Artificial Intelligence (AI) and High-Performance Computing (HPC) through innovative, sustainable solutions. With a foundation built on cutting-edge technology and a commitment to environmental responsibility, we empower organisations across the globe to unlock new potentials in AI research, data analysis, and cloud computing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Josh Payne
Chief Information Officer
Elio van Puyvelde
Chief Operating Officer
Karl Havard
Chief Technical Officer
David Power
VP - Bus. Development
Sam Sturgess
VP - Engineering
Nick Jones
VP - Engineering
Steve Relf
VP - Operations
Ash Patel
VP - Product Management
Daniel Bathurst
VP - Sales
Mariano Salomon
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About Our VC Transactions Data
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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