Nscale

Founders

• Josh Payne (Australia · ♂) — A self-taught Australian entrepreneur who started in coal mining and then built recruitment, capital-markets and crypto-mining/renewable-datacentre businesses (Arkon Energy), Payne spun Nscale out in 2024 to repurpose energy-rich datacentre infrastructure for AI GPU compute.
• Nathan Townsend (♂) — Co-founder of crypto-mining and renewable datacentre firm Arkon Energy, Townsend co-founded Nscale as its spinout to build AI compute infrastructure on top of that energy and datacentre expertise.
• Joshua K.
• Amy King

Team & hubs

Around 689 people on the team.

In the network

Nscale, a UK provider of sovereign hyperscale AI infrastructure running its own data centers, has raised $3,688M across four rounds and carries a network centrality score of 63. Its backers combine strategic compute and hardware players (NVIDIA, Dell, Nokia) with investment capital from Point72, Aker ASA, and Jane Street. Through shared investors it connects most closely to Anthropic (3) and Databricks (3), and then to OpenAI (2), Lambda (2), Figure AI (2), Wayve (2), and VAST Data (2), placing it in a capital cluster centered on frontier AI labs and compute infrastructure rather than consumer applications. The 689-person team is concentrated in London (25%) and Los Gatos (10%).