European Sovereignty Monitor

Compute and infrastructure

UK's Nscale raises USD 1.1 billion in Europe's largest ever Series B

UK-headquartered Nscale raised USD 1.1 billion in a Series B led by Norway's Aker ASA, with Nvidia, Dell and Nokia among backers. The round funds its "AI factory" data centres, including sites in Norway and the UK, for projects such as Stargate UK and Stargate Norway.

Verified AI-drafted Nscale press release, 25 September 2025

What it does not test. Does not establish the ownership split between Nscale's European and non-European investors after the round.

How this item counts. This item is dated before the index starts on 1 January 2026, so it does not count in the European Sovereignty Index.

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. How the record is made

What the tags mean: VerifiedReportedAI-draftedAI-drafted, editor-readHuman-writtenWhat the tags mean

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