Nscale swallows lion's share of UK datacenter investment
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ON-PREM Tracxn credits one AI infrastructure outfit with $3.7B of sector's $5.7B haul Nscale accounts for nearly two-thirds of the equity funding raised by UK datacenter infrastructure companies, according to a report from Tracxn. The market research firm identifies the rent-a-GPU operation as the only unicorn – a privately held company valued at more than $1 billion – in Britain's datacenter infrastructure sector. Nscale leads the pack with $3.7 billion raised, according to Tracxn, out of $5.7 billion across the sector. Other notable players identified by Tracxn include GreenScale, with $1.3 billion; Kao Data, with $177 million; Verne, with $125 million; Iceotope, with $107 million; and Six Degrees Group, with $106 million. Iceotope is not a datacenter operator but a developer of liquid-cooling systems, hence its inclusion in Tracxn's broader infrastructure category. Tracxn counts 154 companies in the sector, 24 of which have raised equity funding. It says investment has surged in recent years amid growing demand for AI infrastructure. Tracxn's report, Datacenter Infrastructure – UK, covers British companies that operate server farms or provide supporting IT infrastructure, such as Iceotope. It excludes businesses focused on datacenter construction or real estate. Companies based in London attracted 93 percent of the funding tracked by Tracxn, highlighting the sector's...
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