Nscale secures $790 million in debt financing from ABN AMRO, DNB, Eksfin, Nordea, and SEB to support AI infrastructure expansion in Norway.
Amount Raised
$790 Million
Round Type
Debt Financing
LondonSoftwareArtificial IntelligenceMachine LearningInvestors
Description
Nscale has announced $790 million in additional financing to enhance its AI data center project in Narvik, Norway. The financing includes an uncommitted accordion feature for expansion. This investment is the largest AI infrastructure project in Norway. Nscale aims to meet the rapidly growing demand for AI services.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as Nscale that raised within 45 days of this round, from Fundz verified event records.
- Sail Research raised $80M (Seed) on June 25, 2026.
- Nebulock raised $25M (Series A) on June 25, 2026.
- RoboCare raised $600K (Seed) on June 25, 2026.
- Sazabi raised $8M (Seed) on June 25, 2026.
- Serpier raised $1.6M (Seed) on June 25, 2026.
- Aristo Intelligence raised an undisclosed amount (Pre-Seed) on June 25, 2026.
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Related People
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