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British AI infrastructure startup NexGen Cloud raises €41.1M: Know more

  • NexGen Cloud, a British AI infrastructure startup, has raised €41.1M in a Series A funding round, bringing its post-money valuation to €323.36M.
  • The funding will be used to expand the company's capacity globally, with a focus on offering sovereign capabilities in Europe and other regions.
  • NexGen Cloud provides enterprise AI cloud solutions, including Private Clouds and the Hyperstack platform, which enables partner companies to deliver AI computing power.
  • The company plans to develop partnerships, expand infrastructure services, and introduce new AI products to support integration across the development cycle.

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