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Funding round

Fluidstack Series A

Fluidstack, which works in AI infrastructure solutions development in London, raised $830M in a Series A round announced on 20 Jul 2026, led by Situational Awareness, at a $7.50B post-money valuation. 1 firm took part. It is Fluidstack's second venture round on record; the one before was a Seed in Feb 2019.

$830M

Amount raised

$7.50B

Post-money valuation

$6.67B pre-money

1

Investors

1 lead

11%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Fluidstack at $7.50B after the new money. The $830M bought investors about 11% of the company. It came 89 months after Fluidstack's Seed. It is 36% of the $2.33B Fluidstack has raised in the venture rounds on record. Fluidstack raised again 2 months later: a Series B round of $1.50B in Sep 2026, at $18.00B post-money.

Fluidstack's funding rounds

Fluidstack has 3 venture rounds on record. This one is highlighted.

  1. Seed 20 Feb 2019 $3.0M
  2. Series A this round 20 Jul 2026, led by Situational Awareness $830M$7.50B post-money
  3. Series B 9 Sep 2026, led by Jane Street Capital $1.50B$18.00B post-money

Investors

Who put money in

Situational Awareness led the round.

Lead investor

  • Situational Awareness new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion and scaling operations.

  • Product development
  • Geographic expansion
  • Scaling operations

Comparable rounds

How it compares

17 Series A rounds in Hosting & Cloud Infrastructure Providers within a year either side disclosed an amount; the median was $25M, and this round was 33 times the median. The closest in time, other companies' Series A rounds in Hosting & Cloud Infrastructure Providers:

Series A rounds in Hosting & Cloud Infrastructure Providers, Jul 2025 to Oct 2026: 17 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Hosting & Cloud Infrastructure Providers8 Jul 2026$130M$1.00BRadical Ventures
Hosting & Cloud Infrastructure Providers15 Jun 2026$100Mnot disclosedKindred Ventures
Hosting & Cloud Infrastructure Providers24 Jun 2026$100M$1.00BSummit Partners
Hosting & Cloud Infrastructure Providers19 Aug 2026$13Mnot disclosedMatrix
Hosting & Cloud Infrastructure Providers15 Oct 2026$65Mnot disclosedMaverick Silicon
Hosting & Cloud Infrastructure Providers15 Apr 2026$32Mnot disclosedTouring Capital and Kindred Ventures
Hosting & Cloud Infrastructure Providers20 Apr 2026$11Mnot disclosedStandard Capital
Hosting & Cloud Infrastructure Providers17 Mar 2026$25Mnot disclosedB Capital

Sources

Where this comes from

Reported by 3 sources.

Questions

Frequently asked

How much did Fluidstack raise in its Series A round?

Fluidstack raised $830M in its Series A round, announced in Jul 2026.

Who led Fluidstack's Series A round?

Situational Awareness led it.

What was Fluidstack's valuation at the Series A round?

$7.50B post-money ($6.67B pre-money).

How does it compare with other Series A rounds in Hosting & Cloud Infrastructure Providers?

17 Series A rounds in Hosting & Cloud Infrastructure Providers within a year either side disclosed an amount; the median was $25M, and this round was 33 times the median.

Did Fluidstack raise again after this round?

Yes: a Series B round in Sep 2026 of $1.50B at $18.00B post-money.