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.
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.
People
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Nidhi Chappell Executive, President of AI Infrastructure