NexGen Cloud (Series A)
Funding Details
Awarder
Inbox
Date Award
April 8, 2025
Vertical
Cloud Computing
Funding URL
View Funding Page
Funding Amount
$45,000,000
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
Market
AI Infrastructure
Location
UK
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.

Links
Website
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