Neocloud · Private · GB

Fluidstack

GPU cloud provider that builds and runs AI clusters for labs.

Legal name: Fluidstack LtdReviewed Oct 21, 2026

Last financing
$730M
Form D · Jun 30, 2026 · Filed · Form D ↗
Compute deals
1
Dollar values and capacity below
Largest stated critical IT load
168 MW
1 deal states this measure; they are not added

Funding

Financing events where Fluidstack raised money or filed for it

DateRoundEquityDebtPost-moneyLeadsStatus
Jun 30, 2026Form DAmount sold under Form D$730MNot tracked yetNot tracked yetNo lead named in the sourceFiled Form D ↗
May 12, 2026Form DAmount sold under Form D$842.5MNot tracked yetNot tracked yetNo lead named in the sourceFiled D/A ↗
└ includes Fluidstack Form D for an equity offering (filed January 2026) (Jan 23, 2026), counted once
Jan 23, 2026Form DAmount sold under Form Dcounted in a later event$450MNot tracked yetNot tracked yetNo lead named in the sourceFiled Form D ↗

* Equity raised counts closed primary equity rounds only, per currency. It excludes debt, secondary sales, Form D amounts and money counted inside a later round. Other trackers often add some of these, so their totals differ. Method →

Compute and infrastructure

Stated contract totals over multi-year terms, not annual spend

DateDealRoleValue (basis)CapacitySource
Jul 6, 2026TeraWulf sells its Abernathy joint-venture interest to a Fluidstack-led groupwith TeraWulf · Asset saleAcquirerabout $530M168 MW8-K ↗

Timeline

Every tracked event, newest first

  1. Jul 6, 2026DealTeraWulf sells its Abernathy joint-venture interest to a Fluidstack-led groupFluidstack ↔ TeraWulfabout $530MSigned 8-K ↗
  2. Jun 30, 2026FilingFluidstack Form D for an equity offering (filed June 2026)Fluidstack$730MFiled Form D ↗
  3. May 12, 2026FilingFluidstack Form D/A amendment (filed May 2026)Fluidstack$842.5MFiled D/A ↗
  4. Jan 23, 2026FilingFluidstack Form D for an equity offering (filed January 2026)Fluidstack$450Mcounted in a later eventFiled Form D ↗
Deal counterparties
TeraWulf
Same category
CoreWeaveNebiusLambdaCrusoeNscale

Sources

5 sources · reviewed Oct 21, 2026

  1. SEC EDGAR (TeraWulf Inc.), “TeraWulf Form 8-K, July 6, 2026 (Justified Data Campus lease and Abernathy transaction)”, Jul 6, 2026 · 8-K
  2. SEC EDGAR (TeraWulf Inc.), “TeraWulf press release, July 6, 2026 (Exhibit 99.1): Anthropic lease at Justified Data Campus and sale of Abernathy interest to Fluidstack”, Jul 6, 2026 · 8-K
  3. SEC EDGAR (Fluidstack Ltd), “Fluidstack Ltd Form D, filed June 30, 2026”, Jun 30, 2026 · Form D
  4. SEC EDGAR (Fluidstack Ltd), “Fluidstack Ltd Form D/A (amendment), filed May 12, 2026”, May 12, 2026 · D/A
  5. SEC EDGAR (Fluidstack Ltd), “Fluidstack Ltd Form D, filed January 23, 2026”, Jan 23, 2026 · Form D

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