StartupsFinSMEsabout 1 hour ago
NexGen Cloud Closes $106M AI Loan
1 min read
London-based AI provider NexGen Cloud closes a $106M senior secured term loan facility on 30/10/2026. The funding, provided by USD.AI, Silver Point Capital, and Victory Park Capital, finances 216 NVIDIA HGX B300 servers with 1,728 GPUs in Finland to scale infrastructure following a prior $34M raise for Sweden.
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