Nebius Raises $720M in Series
Nebius has successfully raised $720M in a Series at a $3.5B valuation led by Accel, Nvidia, Orbis Investment.
Company Overview
Nebius is a Cloud Computing company headquartered in Amsterdam, Netherlands, founded in 2021 with 500+ employees.
AI-centric cloud platform providing infrastructure for AI workloads
Fundraising Details
- Amount Raised: $720M
- Round Type: Series
- Valuation: $3.5B
- Date: 2024-12-18
- Investors: Accel, Nvidia, Orbis Investment
About Nebius
AI-centric cloud platform providing infrastructure for AI workloads The company is positioned in the Cloud Computing sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Amsterdam, Netherlands
- Founded: 2021
- Team Size: 500+
- Industry: Cloud Computing
What This Means
This funding round demonstrates strong investor confidence in Nebius's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Cloud Computing sector continues to attract significant investment as companies innovate to meet evolving market demands. Nebius's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3.5B valuation marks an important milestone for Nebius, positioning the company among notable players in the Cloud Computing industry.
Looking Ahead
With this new capital, Nebius is well-positioned to execute on its growth strategy and continue building innovative solutions in the Cloud Computing space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2024-12-18. For more information about Nebius, visit their headquarters at Amsterdam, Netherlands.
