Nscale
Facts
- HQ
- London
- Sectors
- AI, Infrastructure
- Stage
- Series C
GeekWire Podcast: Seattle startup funding falls 40% in H1 2026 as AI redirects venture capital; Kalshi court setback and Impinj marks decade on Nasdaq
The GeekWire Podcast reports Seattle startup funding fell about 40% in H1 2026 as AI redirected venture capital, plus coverage of a Seattle judge rejecting Kalshi's federal defense, Impinj's 10th year on the Nasdaq after 26 years of growth, and nearly 40 locals trying a five-week smartphone detox.
What's going on with Seattle startup funding, a Kalshi setback, Impinj's long game, and a smartphone detox
This week on the GeekWire Podcast: Seattle startup funding drops 40% in the first half of the year while AI money floods everywhere else. We dig into the numbers and the implications for the region. Plus: a Seattle judge deals Kalshi a setback, Impinj marks a decade on the Nasdaq after a 26-year climb, and nearly 40 Seattleites trade their smartphones for flip phones for five weeks. Related Stories Venture funding drops in Seattle area as AI boom reshapes startup world Helion raises $465M at $15.5B valuation as it aims to commercialize fusion UK data center startup Nscale bets big…
Nscale Raises $2B at $14.6B Valuation, Opens Bellevue Engineering Hub and Hires Ex‑Microsoft AI Lead
British startup Nscale opened a 24,000 sq ft engineering hub in Bellevue, Washington, hiring AI infrastructure president Nidhi Chappell as it expands GPU cloud services after raising $2 billion at a $14.6 billion valuation; the company faces industry-wide power constraints that are forcing reliance on on-site generation. The Bellevue office, opening January 2027 and planned to house 250 staff, strengthens ties with Microsoft as Nscale deploys NVIDIA Vera Rubin GPUs across Europe.
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Nidhi Chappell Executive, President of AI Infrastructure
