--- title: Sandberg, Clegg join Nscale board as this ‘Stargate... description: Nvidia-backed British AI infrastructure startup Nscale has raised a $2 billion Series C, reaching a $14.6 billion valuation and becoming one of Europe's latest... canonical: https://daily.dev/posts/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation-coj29q0yc twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation | daily.dev og:description: Nvidia-backed British AI infrastructure startup Nscale has raised a $2 billion Series C, reaching a $14.6 billion valuation and becoming one of Europe's latest... og:url: https://daily.dev/posts/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation-coj29q0yc og:image: https://api.daily.dev/og/posts/CoJ29q0yc.png og:image:alt: Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation **[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments ## Summary Nvidia-backed British AI infrastructure startup Nscale has raised a $2 billion Series C, reaching a $14.6 billion valuation and becoming one of Europe's latest decacorns. The round, co-led by Aker and 8090 Industries with participation from Dell, Nvidia, Goldman Sachs, and JPMorgan, is described as the largest in European history. Former Meta COO Sheryl Sandberg, former Yahoo president Susan Decker, and former UK deputy PM Nick Clegg are joining the board. Nscale is also taking full management of 'Stargate Norway,' a Norway-based AI infrastructure project targeting 100,000 Nvidia GPUs by end of 2026 with OpenAI as an initial customer. The company additionally secured a $1.4 billion debt facility and is eyeing a potential IPO as early as this year. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Brit rent-a-GPU biz Nscale picks up $2B, hires Nick Clegg](https://daily.dev/posts/brit-rent-a-gpu-biz-nscale-picks-up-2b-hires-nick-clegg-je0unckx8) · The Register · 0 upvotes · 0 comments - [Nscale secures $790m financing for Narvik AI data centre](https://daily.dev/posts/nscale-secures-790m-financing-for-narvik-ai-data-centre-evixv29ha) · The Next Web · 0 upvotes · 0 comments - [Nscale invests €695M in Portugal with Microsoft as crypto-to-AI neocloud hits $14.6B valuation in two years](https://daily.dev/posts/nscale-invests-695m-in-portugal-with-microsoft-as-crypto-to-ai-neocloud-hits-14-6b-valuation-in-tw-uo9xycsyi) · The Next Web · 0 upvotes · 0 comments --- Tags: [#startup](https://daily.dev/tags/startup), [#nvidia](https://daily.dev/tags/nvidia), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation-coj29q0yc) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation","url":"https://daily.dev/posts/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation-coj29q0yc","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation-coj29q0yc"},"datePublished":"2026-03-09T15:14:03.215Z","dateModified":"2026-03-09T15:15:07.581Z","description":"Nvidia-backed British AI infrastructure startup Nscale has raised a $2 billion Series C, reaching a $14.6 billion valuation and becoming one of Europe's latest...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/57c79a91857d4a898628edf46bbb2871?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/57c79a91857d4a898628edf46bbb2871?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/sandberg-clegg-join-nscale-board-as-this-stargate-norway-startup-hits-14-6b-valuation-coj29q0yc","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"startup,nvidia,ai-infrastructure","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation"}]} ```