StartupsThe Next Webabout 3 hours ago
Nscale Closes $3.36B Pre-IPO Round
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London-based Nscale closed a $3.36B pre-IPO convertible note round led by Third Point, with Nvidia, Apollo, Citadel and the Abu Dhabi Investment Council participating. The raise falls about $140M short of the $3.5B it sought three weeks ago. Nscale filed last week to list on the New York Stock Exchange under ticker NSCL, with the listing potentially raising up to $3B more.
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