Startup profile for Nebius: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

Nebius funding, valuation and investors

Nasdaq-listed, Amsterdam-based specialist AI cloud for training, inference and GPU infrastructure.

Verified company research · funding, investors and latest developments

Keep track of Nebius

Save this profile to your VCT watchlist for a quick return.

View watchlist

Funding, valuation & investors

Answer-first snapshot

Latest funding

Not publicly disclosed

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

public

public · Amsterdam, Netherlands

Source links not recorded Last verified: 2026-11-13T00:00:00.000Z

Overview

Nebius Group N.V. (Nasdaq: NBIS) operates a GPU-based cloud platform and managed inference service Nebius Token Factory, combining proprietary software with owned data-center projects and third-party colocation. Its 2026 capital structure includes Nvidia strategic investment, secured GPU debt, convertible notes and customer prepayments.

Management expects prepayments plus contract-backed lending to fund 75–85% of planned $40–45B capex in 2027, a forecast rather than cash received. The Q3 shareholder letter separates $325M of non-recurring partnership revenue from ongoing compute services. Some Microsoft-backed third-party capacity at Vineland, New Jersey was pushed into Q2 2027.

Why Nebius is interesting

Q3 2026 revenue was $980.8M, including a $325M one-time asset-light partnership item. Nebius plans $40–45B in 2027 infrastructure spending but faces delays at a Microsoft-contract New Jersey data center, making cash funding and execution critical.

Product & use cases

Full-stack AI cloud with GPU compute, training, managed inference, storage, and cluster operations; own-site and third-party colocation capacity.

  • Training and fine-tuning models on GPU clusters.
  • Serving production model inference and AI agents.

Key facts

  • Q3 2026: $980.8M revenue (+571% year-on-year), about $325M from a non-recurring asset-light partnership.
  • 2027 spending plan of $40–45B, with 75–85% expected to be funded through customer prepayments plus loans against customer contracts.
  • Closed a $775M GPU secured facility in July and $5.75B convertible notes in August; entered a $3.5B Citi facility in October.
  • New Jersey third-party capacity for Microsoft delayed; own-site execution is a key growth risk.

Competitive landscape

Edge: Integrated data-center engineering, AI systems and software potentially support efficiency and premium contracts, but execution and return on invested capital remain open tests.

  • CoreWeave direct

    Listed specialized AI cloud with a large financed compute backlog.

  • Lambda direct

    GPU infrastructure peer using debt backed by deployments.

  • Microsoft Azure incumbent

    Large full-service cloud competitor and Nebius customer.

Industries

Market / IPO context

Ticker: NBIS (NASDAQ)

IPO status: public

Editorial / static context — not a live quote.

FAQs about Nebius

Practical answers founders, operators, and investors typically search for.

No. Management forecast $40–45B of 2027 capital spending; this is not cash raised.
Q3 results included non-recurring revenue and 2026 guidance moved to its low end after third-party capacity delays, even as 2027 capex rose.
Nebius Group trades on Nasdaq as NBIS.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.