Global Funding Radar · Apr 28 Daily Digest
AI Mega-Rounds in Europe
- 🔥 Nscale $2B Series C: UK-based AI infrastructure hyperscaler Nscale announced $2 billion in Series C funding led by...

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Key shift in climate investing: $193B (75% of capital) concentrated in 58 infrastructure mega-funds by top 10 investors.
India's AI boom accelerates: Sarvam AI becomes newest unicorn, raising $250-300M from NVIDIA, Accel & HCLTech at $1.5B valuation.
Mega-PE Apollo backs Swiss healthtech unicorn vVardis at $1B valuation with its drill-free Curodont treatment for early cavities.
Key highlights:
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Nscale, the Nvidia-backed UK AI infrastructure hyperscaler, just raised $2B in Series C led by Aker ASA and 8090 Industries – underscoring massive Europe bets in the compute wars.
India's Acko gears up for $250M fundraise at $2-2.5B valuation via confidential IPO filing.
Key signals:
Essential takeaways from VC legend Bill Gurley's chat at Forbes Under 30 Summit:
Ad tech startup InMobi becomes India's second profitable unicorn, a milestone for its maturing ecosystem. Founded in 2007 and valued over $1B six years ago.
Escalating Big Tech AI plays: Google commits up to $40B in Anthropic.
Yann LeCun, former Meta chief AI scientist and Turing Award winner, founded AMI and raised $1.03B to build world models—exemplifying Big Tech talent exodus fueling AI startups.
Amid AI buzz, investors favor under-the-radar enterprise plays:
Sequoia raises $7B late-stage AI fund with strong appetite for physical world applications in US & EU, eyeing deeptech and robotics beyond software. Top VC pivot signals hardware AI boom for founders.
Historic scale meets investor scrutiny in OpenAI's funding:
VAST Data achieves $30 billion valuation, with CEO Renen Hallak revealing next moves in a new 5:46 YouTube video. Key watch for AI data infrastructure scale-up.