Sources: Nscale told potential backers it generated $100M+ in Q2 revenue, up from $37M in Q1, and has $51B in contracts, ahead of a possible September US IPO (Bailey Lipschultz/Bloomberg)
Nscale is pitching backers on sharply higher revenue and a large contracted backlog before a possible U.S. listing.
The company told potential investors it generated more than $100 million in second-quarter revenue, up from $37 million in the first quarter. It also said it has $51 billion in contracts. The figures were shared ahead of a possible September U.S. IPO, according to Bloomberg via Techmeme. Techmeme's note
The company told potential investors it generated more than $100 million in second-quarter revenue, up from $37 million in the first quarter. It also said it has $51 billion in contracts. The figures were shared ahead of a possible September U.S. IPO, according to Bloomberg via Techmeme. Techmeme's note
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