NexGen Cloud, a UK-based leader in AI infrastructure, has raised $45 million in Series A funding, securing a post-money valuation of $354 million. This investment—backed by high-net-worth individuals and family trusts—will power the company’s global expansion while strengthening Europe’s sovereign AI capabilities. Founded with a vision to decentralize AI compute and democratize access to GPU resources, NexGen Cloud is now accelerating its roadmap to become Europe’s AI backbone—a trusted partner to enterprises, governments, and innovators seeking scalable, secure, and sovereign infrastructure.
Hyperstack: Fueling AI Growth with GPU Cloud
Since the 2023 launch of Hyperstack, NexGen Cloud’s AI-optimized cloud platform, the company has reported impressive traction:
- £72 million in revenue from 2023 to 2024
- 380% increase in AI cloud revenue
- 2,272% surge in transaction volume
- 90% GPU utilization, reflecting high-demand and efficient scaling
Hyperstack provides on-demand, enterprise-grade AI compute, enabling over 10,000 users, including Red Hat, Ingenix.AI, Tyne, ArchiLabs, and Shadeform, to run intensive workloads reliably and securely.
“NexGen has been an incredibly reliable partner as we’ve scaled our cloud marketplace,” said Ed Goode, CEO of Shadeform. “Their consistently dependable servers and top-tier support are first class.”
Purpose-Built for Sovereign AI and Full-Stack Capabilities
With rising global demand for localized, private AI compute, NexGen Cloud is positioning Hyperstack as a sovereign alternative to hyperscalers. The platform is engineered for:
- High-availability GPU access
- On-demand provisioning
- Dedicated VM environments
- Production-ready workloads and serverless inference
The company has developed its own API for partner access, enabling software providers, life sciences firms, and AEC innovators to plug into the Hyperstack platform and scale seamlessly.
Series A Strategy: Scaling Europe’s AI Infrastructure
NexGen Cloud will use the Series A funding to:
- Scale infrastructure across Europe and beyond to meet growing GPU demand
- Enhance its Full Stack Cloud, supporting full-cycle enterprise AI development
- Broaden access to secure compute for both private-sector and public institutions
- Expand partnerships, especially with governments and enterprises needing sovereign data handling
This infrastructure expansion will be matched with fine-tuned AI services such as:
- Fine-Tuning-as-a-Service (FTaaS): Helping customers customize and optimize foundation models
- Cluster resource optimization: Improving compute efficiency and cost-performance
- Serverless inference: Offering privacy-first inference capabilities with dedicated virtual environments
Roadmap: Building Europe’s AI Backbone
With this funding round, NexGen Cloud is doubling down on its mission to become the backbone for Europe’s AI-powered future. The company’s go-forward roadmap includes:
- Expanded GPU fleet across strategic data centers
- New AI cloud services targeting data security, model fine-tuning, and inference at scale
- Closer integration with enterprise AI workflows, from development to deployment
- Government partnerships to support sovereign digital transformation and public sector innovation
“This Series A is a pivotal step in realising our vision of sovereign AI infrastructure,” said Chris Starkey, CEO and co-founder of NexGen Cloud. “We’re building the foundation for AI-powered solutions across the continent.”
NexGen Cloud is emerging as a key enabler in the global AI ecosystem by offering scalable, secure, and sovereign infrastructure through its Hyperstack platform. With a strong customer base, growing partner network, and now a fresh $45 million in funding, the company is poised to lead Europe into the next wave of AI innovation—bridging performance, privacy, and accessibility for enterprise-grade compute.
As AI workloads continue to grow in complexity and volume, NexGen Cloud is well-positioned to meet the demand for trustworthy, high-performance AI infrastructure built on European values and global ambition.
