Funding Details
- Awarder
- Inbox
- Date Award
- April 08, 2025
- Vertical
- Cloud Computing
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2020
- Traction
- NexGen Cloud has over 10,000 users, including notable clients like Red Hat and Ingenix.AI. The company reported a total revenue of £72 million ($91.7 million) for 2023 and 2024.
- Revenue Amount
-
$91,700,000
- Organizations Involved
- Red Hat, Ingenix.AI, Tyne, ArchiLabs
- Founders
- Chris Starkey, Youlian Tzanev
- Company Description
- NexGen Cloud is a UK-based GPU cloud provider that focuses on expanding AI infrastructure in Europe. The company launched its flagship platform, Hyperstack, in September 2023 and aims to become the backbone for AI-powered solutions across the continent.
- Market
- AI Infrastructure
- Location
-
UK
Links