Blue Owl Managed Funds led a $433m Series C round in Nscale.

Blue Owl Managed Funds, an alternative asset management firm, led a $433m Series C round in Nscale, a hyperscaler engineered for enterprise-grade AI infrastructure, with participation from Dell, NVIDIA and Nokia. “We’re overwhelmed by the interest we’ve received. It’s incredible to see the passion and confidence we have in Nscale is matched by key investors. This commitment to participating in our pre-Series C SAFE, just days after the close of our Series B funding, represents a powerful endorsement of our vision to deliver sovereign, scalable infrastructure for the AI era,” Josh Payne, Nscale CEO and Founder.