Nextgen Share Holder Update

Dear Valued Shareholders,

I am thrilled to provide this update on NexGen Cloud’s remarkable transformation and growth trajectory. Over the past year, we have made tremendous strides across all fronts – financial, technological and strategic – bolstering our position as an emerging leader in AI infrastructure solutions.

Exponential Revenue Growth

Nextgen’s top-line growth in 2022 has been phenomenal, with revenue exceeding £30 million year-to-date already. This represents a nearly 10x jump compared to last fiscal, driven by strong uptake of our new GPU systems and cloud platforms.

Their flagship offerings – Hyperstack and Infrahub – are witnessing surging demand as more enterprises embrace AI/ML technologies. The successful launch of these cutting-edge platforms has led to a significant boost in both direct sales and recurring cloud revenue.

Funding Momentum

On the funding front, Nextgen recently concluded a Pre-Series A round, securing £10 million from marquee investors at a pre-money valuation of £150 million. They are now actively planning for a potentially mammoth Series A fundraiser in early 2024.

Given their remarkable growth and execution over the past year, they are targeting to raise £170-260 million in Series A, which would mark a significant step up from our last round. The new funds will provide us with growth capital to continue scaling globally and cement our leadership in GPU cloud solutions.

Pioneering GPU Supercloud

In a global first, NexGen Cloud is gearing up to launch a state-of-the-art GPU supercomputing cluster valued at over £260 million. Powered by 640 NVIDIA HGX H100 systems, our upcoming Norway facility will be one of the world’s most advanced AI-focused cloud infrastructures.

This prestigious project will offer unrivalled scale, performance and flexibility for tackling the most demanding AI workloads. It will cement our reputation for pioneering innovation among customers and partners alike.

Strategic Partnerships

We have recently attained Elite Partner status with NVIDIA, opening up new collaboration opportunities. We are working closely with NVIDIA across multiple domains including product development, go-to-market initiatives and entry into new customer segments.

Furthermore, we are now playing an integral role in NVIDIA’s Inception and VC Alliance programs. This provides us access to thousands of high-potential AI startups and leading venture funds across the globe, significantly expanding our addressable market.

Growth Vision

As we enter the next phase of hyper-growth, our overarching vision is to surpass £850 million in revenue over the next 18 months. Our pioneering Supercloud projects also have the potential to drive an additional £850 million in global sales.

I want to thank all our shareholders for your unwavering support. Rest assured, we are committed to creating exponential value for you as NexGen Cloud charges ahead with new innovations and record-breaking growth.

New Capital Link – Unlocking Exponential Value

New Capital Link is a London-based alternative investment firm focused on high-growth companies and emerging technology leaders. With deep expertise across venture capital, private equity, and M&A landscapes, New Capital Link has helped its portfolio of innovators raise over £500 million in growth funding to date.

As NexGen Cloud charts its trajectory to become a dominant force in AI infrastructure, New Capital Link believes it to be an ideal candidate for its portfolio of exponential growth companies.

New Capital Link is currently undertaking in-depth due diligence on an early-stage private investment into NexGen Cloud. Given the incredible progress demonstrated by the company over the past year, New Capital Link considers NexGen Cloud to be a multi-bagger investment opportunity over the next 3-5 years.

By securing stakes in NexGen Cloud at this opportune time, New Capital Link and its investor network stand to generate outsized returns as the company inches closer to a major liquidity event in the coming years.

For investors interested in pre-IPO opportunities in NexGen Cloud, the New Capital Link team is happy to set up a discussion regarding their up-and-coming funding round. Please reach out to or call 0207 769 6888 to schedule an exploratory session.

by Rachel Buscall

by Rachel Buscall

Co-Founder & Managing Director at New Capital Link. Having started her career in the financial sector, Rachel demonstrated a natural flair for entrepreneurship.

New Capital Link

Alternative investment specialists offering structured opportunities across the UK & Overseas.

New Capital Link is a boutique London-based introducer that offers unique UK & global investment opportunities worldwide.

Recent Posts

Follow Us

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be very complex and high risk.

What are the key risks?

1. You could lose all the money you invest

If the business offering this investment fails, there is a high risk that you will lose all your money. Businesses like this often fail as they usually use risky investment strategies. 

Advertised rates of return aren’t guaranteed. This is not a savings account. If the issuer doesn’t pay you back as agreed, you could earn less money than expected or nothing at all. A higher advertised rate of return means a higher risk of losing your money. If it looks too good to be true, it probably is.

These investments are sometimes held in an Innovative Finance ISA (IFISA). While any potential gains from your investment will be tax free, you can still lose all your money. An IFISA does not reduce the risk of the investment or protect you from losses.

2. You are unlikely to be protected if something goes wrong

The business offering this investment is not regulated by the FCA. Protection from the Financial Services Compensation Scheme (FSCS) only considers claims against failed regulated firms. Learn more about FSCS protection here. or

Protection from the Financial Services Compensation Scheme (FSCS), in relation to claims against failed regulated firms, does not cover poor investment performance. Try the FSCS investment protection checker here.

The Financial Ombudsman Service (FOS) will not be able to consider complaints related to this firm or Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA-regulated firm, FOS may be able to consider it. Learn more about FOS protection here.

3. You are unlikely to get your money back quickly

This type of business could face cash-flow problems that delay interest payments. It could also fail altogether and be unable to repay investors their money. 

You are unlikely to be able to cash in your investment early by selling it. You are usually locked in until the business has paid you back over the period agreed. In the rare circumstances where it is possible to sell your investment in a ‘secondary market’, you may not find a buyer at the price you are willing to sell.

4. This is a complex investment

This investment has a complex structure based on other risky investments. A business that raises money like this lends it to, or invests it in, other businesses or property. This makes it difficult for the investor to know where their money is going.

This makes it difficult to predict how risky the investment is, but it will most likely be high.

You may wish to get financial advice before deciding to invest.

5. Don’t put all your eggs in one basket

Putting all your money into a single business or type of investment for example, is risky. Spreading your money across different investments makes you less dependent on any one to do well. 

A good rule of thumb is not to invest more than 10% of your money in high-risk investments.

If you are interested in learning more about how to protect yourself, visit the FCA’s website here:

For further information about minibonds, visit the FCA’s website here.