InfraCompute / Deals
NexGen Cloud: non-recourse GPU financing
GPU-backed loan for NexGen Cloud / Hyperstack, US$34m, 25 June 2026.
Key terms
- Borrower or issuer
- NexGen Cloud / Hyperstack
- Date
- 25 June 2026
- Structure
- GPU-backed loan
- Amount
- US$34m
- Pricing
- Not disclosed
- Tenor
- 3 years
What’s notable
A US$34m three-year non-recourse facility from USD.AI, secured on NVIDIA B200 GPUs in Sweden and their contracted cash flows. It is small, but it shows on-chain lenders now funding European GPU capacity on a non-recourse basis.
Recorded terms
- Lender type
- Private creditNamed lender: USD.AI
- Tenor
- 3 years
- Security
- GPUs and contracted cash flows
- Lenders and arrangers
- USD.AI
Similar financings
Same structure, other borrowers, closest in date.
For counsel on this deal
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Sources
- USD.AI Provides $34M Facility to NexGen CloudSource date: 25 June 2026
About this record
Compiled from the sources above. Terms are as announced and may have changed since. Methodology · Send a correction.
