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Data

Mega-rounds top $3B as Nscale and Jio lead late-stage capital intake

Public disclosures show four transactions of at least $2 billion[1], with Nscale securing two separate multibillion-dollar financing events.

OSH Desk1 min read

Disclosed private capital rounds showed substantial concentration at the top of the market, led by a $3.36 billion transaction for Nscale and a $3,199,556,700 round for Jio Platforms [1].

Across major disclosed deals, four individual transactions reached or exceeded $2 billion, demonstrating continued appetite among institutional backers for balance-sheet-scale commitments [1].

Top venture capital rounds by disclosed size (USD)

| Company | Round Type / Transaction | Disclosed Amount |
| --- | --- | --- |
| Nscale | Disclosed transaction | $3,360,000,000 |
| Jio Platforms | Disclosed transaction | $3,199,556,700 |
| Axiom Solutions International | Disclosed transaction | $2,000,000,000 |
| Nscale | Series C | $2,000,000,000 |

Largest funding rounds announced in the last 30 days

Repeat scale at Nscale

Nscale accounted for two distinct capital infusions on the disclosed roster [1]. The company raised $3.36 billion in one disclosed transaction alongside an additional Series C financing of $2 billion [1]. These two disclosed transactions represent a substantial capital influx for the firm [1].

Multibillion-dollar commitments

Beyond Nscale, two other entities completed transactions crossing the $2 billion line [1]. Jio Platforms recorded a $3,199,556,700 transaction, while Axiom Solutions International completed a $2 billion financing [1]. These transactions highlight that the largest disclosed commitments remained clustered above the $2 billion mark [1].

How we measured

This index report draws exclusively from OSH Rounds transaction data [1]. Figures capture publicly announced and verified equity and growth financing events where final dollar amounts were disclosed [1]. Individual transactions are tracked by declared round or event type without estimating unannounced terms [1].

What the data does not show

Coverage reflects only transactions with verified public records and explicit financial totals [1]. Undisclosed round sizes are excluded entirely, which may undercount overall deal flow and introduce reporting bias toward prominent mega-rounds [1].

Questions and answers

What was the largest disclosed transaction in this dataset?

Nscale recorded the largest disclosed transaction at $3.36 billion, followed closely by Jio Platforms at $3,199,556,700.

Did any company complete multiple transactions?

Yes. Nscale closed both a $3.36 billion transaction and a separate Series C round of $2 billion.

Which other entities raised at least $2 billion?

Axiom Solutions International secured a $2 billion transaction, and Jio Platforms closed a transaction valued at $3,199,556,700.

TopicsOSH Index

Sources

  1. 1.OSH Rounds data — OSH Rounds, Oct 24, 2026
  2. 2.OSH methodology — Off Sand Hill, Oct 24, 2026

Researched and drafted with AI tools under OSH editorial rules. Every fact links to its source. Editorial policy · Suggest a correction