Published: March 10, 2026 at 8:40 am
AI hyperscaler Nscale has raised $2 billion (£1.5bn) in Series C financing, marking the largest round of its kind in European history.
It values the London firm at $14.6 billion.
Sheryl Sandberg, Susan Decker and Nick Clegg have joined the Nscale board.
Clegg, a general partner at Hiro Capital, is both a former UK Deputy Prime Minister and former president, global affairs at Meta.
Sandberg is a former COO of Meta and an early executive at Google, while Decker is CEO and co-founder of Raftr and a former president of Yahoo, Inc.