Nscale, a UK-based data center developer, has achieved a valuation of $14.6 billion following a $2 billion funding round, establishing itself as one of the most valuable startups in Europe. The company is led by CEO Josh Payne, who recently welcomed former Meta COO Sheryl Sandberg to its board of directors. This strategic addition highlights Nscale’s growing prominence in the technology and data infrastructure sector.
The news was discussed on the Bloomberg Tech program, where hosts Caroline Hyde and Ed Ludlow featured the company’s recent developments. Nscale’s rapid ascent in valuation underscores the increasing demand and investment in data center solutions across the region, positioning it as a key player in the European tech landscape.