London AI cloud startup Volta exits stealth at $2.4 billion valuation, lands €8.6 billion compute deal reportedly with Anthropic
Volta, a London-based AI cloud startup, has emerged from stealth after completing a Seed Round and a Series A, valuing the company at €2.07 billion ($2.4 billion). The rounds were led by Azora, Andreessen Horowitz, Altimeter and NVIDIA, with participation from strategic investors including the family office of Michael Dell and Matter Venture Partners. According […] The post London AI cloud…
London-based AI cloud startup Volta has exited stealth mode, revealing a $2.4 billion valuation and reportedly securing a €8.6 billion compute deal with AI lab Anthropic. The company, co-founded by Ricard Boada and Sofia Gumuzio in 2026, raised a total of €259.8 million ($300 million) in its Seed Round and Series A, led by investors including Azora, Andreessen Horowitz, Altimeter, and NVIDIA.
Volta's mission is to build "The Utility of Compute," providing dependable, scalable, and low-cost AI infrastructure to frontier AI labs, AI-native companies, and enterprises. The company's AI Infrastructure Programme, in partnership with Azora, offers $5 billion in financing for next-generation AI factories. Boada emphasized that compute should be financed, developed, and commercialized like traditional infrastructure, comparing it to railways, electricity, and fiber.
The startup's first project, a 133 MW site powered by NVIDIA Vera Rubin systems, will be developed in Norway.
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Also reported by 1 other outlet
- Cloud startup Volta claims $10B AI lab deal for Norway bit barn theregister.com
