Tech Company Financing Transactions
NexGen Cloud Funding Round
NexGen Cloud closed a $106 million funding round on 10/29/2026. Investors included Silver Point Capital, USD.AI and Victory Park Capital.
Transaction Overview
Company Name
Announced On
10/29/2026
Transaction Type
Venture Equity
Amount
$106,000,000
Round
Undisclosed
Proceeds Purpose
The proceeds of the $106 million senior secured term loan facility will be used to finance the acquisition and deployment of 216 NVIDIA HGX B300 servers (totaling 1,728 GPUs) at a Tier III data center in Finland. This hardware infrastructure expansion allows NexGen Cloud to rapidly scale its sustainable AI Cloud capacity across Europe to satisfy a fully contracted take-or-pay agreement with a leading AI inference platform.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
24 Greville St, 1st Floor 1.07
London, EC1N 8SS
UK
London, EC1N 8SS
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We're a global leader in sustainable AI Cloud solutions. Offering customised cloud solutions, scalable infrastructure and advanced GPU technology to help businesses integrate AI capabilities into their operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Starkey
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