Nebius raised $775 million by borrowing against its GPUs. It has $40 billion more contracts to securitise.
Summary
Nebius raised $775 million in GPU-backed debt at SOFR plus 2.50% and set the facility to mature in 2030. The company used deployed GPU infrastructure and contracted cash flows as collateral, and the deal was heavily oversubscribed. Nebius said it can repeat this structure at scale because it already has more than $40 billion in contracted revenue from Microsoft, Meta, and other investment-grade customers. The financing lets Nebius turn infrastructure assets into growth capital without diluting shareholders, and it reinforces demand for large-scale AI data center capacity.
Funding
Amount
$775.0M
Total raised
Date
July 18, 2026
Announcement date
Investors
HSBC Retail Services, Goldman Sachs, Deutsche Bank, MU Hands-on Capital, ABN AMRO Bank, Credit Agricole, Meta, Microsoft, Bank of America
Lead investors
Company
nebius.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Cloud Infrastructure Software
SaaS
AI/ML Platform
Linked Companies
Nebius
$10M to $25M