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Start Campus

Operates AI-ready HPC data campus infrastructure

Overview

Start Campus operates the SINES Data Campus in Sines, Portugal, delivering AI-ready infrastructure for high-density workloads such as HPC and cloud. It provides powered-shell, turnkey and build-to-suit data-center solutions with global connectivity, using 100% renewable energy and seawater cooling on a repurposed power-station site to reach a PUE of 1.1 and a WUE of 0. Its master plan envisions up to 1.2 GW of capacity, with SIN01 live at 37.5 MW and SIN02 planned at 200 MW, and it pursues large GPU deployments through partnerships like its expanded collaboration with Nscale and Microsoft. The goal is to offer scalable, sustainable, AI-ready infrastructure and enable large-scale GPU compute deployments through strategic partnerships and rapid capacity expansion.

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About Start Campus

Simplify's Rating
Why Start Campus is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnergyEnterprise SoftwareAI & Machine Learning

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$278.2M

Headquarters

Lisbon, Portugal

Founded

2021

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Simplify's take

What believers are saying

  • Nscale expanded with Microsoft in May 2026 for 66,000+ Rubin GPUs.
  • Schneider Electric's October 2026 digital twin pilot validates Start Campus operations.
  • CEO Robert Dunn joined TIME100 Climate in November 2026, strengthening enterprise credibility.

What critics are saying

  • Microsoft's 10 billion dollar dependency concentrates revenue and bargaining power in one customer.
  • SIN02 only starts in Q4 2027, delaying scale while rivals sign AI capacity now.
  • Permitting, power, and subsea infrastructure failures would strand the 1.2 GW campus.

What makes Start Campus unique

  • Start Campus runs Portugal's 1.2 GW SINES campus with 100% renewable power.
  • SIN01 is live, and SIN02 adds 200 MW for AI-hungry customers.
  • Seawater cooling and subsea connectivity make Sines unusual for hyperscale deployments.

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Funding

Total Funding

$278.2M

Above

Industry Average

Funded Over

9 Rounds

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