Latham & Watkins Advises on US$433 Million Pre-Series C SAFE, One of the Largest SAFEs Ever Funded, and the Record European US$1.1 Billion Series B, in AI Infrastructure Provider NScale

NScale Global Holdings Limited has announced US$433 million in funding from Blue Owl Capital, NVIDIA, Dell Technologies, Nokia, and other investors, including returning and new Series B investors. NScale Global Holdings Limited recently announced the completion of its US$1.1 billion Series B funding round, led by Aker, a major Norwegian investment firm. The fundings will be used to expand NScale's AI data center infrastructure globally.

Latham & Watkins LLP represented Blue Owl Capital with a transactional deal team led by partners Shing Lo, John Miller, and Haim Zaltzman, with associate Aeneas Nalbantis; on US tax matters by partner Bora Bozkurt, with associate Michael Yu; and on UK tax matters by partner Karl Mah and counsel James Leslie.