Upscale AI raises $190M to build open-standard AI networking fabric
On June 22, 2026, Santa Clara–based Upscale AI announced a $190 million Series A‑1 round at a $2 billion valuation. Premji Invest led the funding with NVIDIA, Salesforce Ventures, Temasek, Tiger Global and others to scale Upscale’s AI-native networking platform for large-scale clusters.
Source: Ventureburn