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Upscale AI Completes $190M Funding Round Led by Premji Invest, Reaches $2B Valuation

2026-06-22 15:21:29

According to BlockBeats, Upscale AI, an AI infrastructure startup, completed a $190 million funding round today (June 22), raising the company's valuation to $2 billion. The round was led by Premji Invest with participation from Nvidia, Salesforce Ventures, Temasek, and Seligman Ventures, among others. The funding brings Upscale AI's total capital raised to $500 million. The company develops full-stack AI networking architecture, including chips, systems, and software, to address interconnect bottlenecks in large-scale AI cluster deployments.

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