Total amount raised
$1.4 Billion
Latest funding date
2/1/2025
Location
Lambda has successfully raised funding through 13 rounds, attracting investors such as US Innovative Technology Fund and TWG Global. The platform specializes in high-performance GPU hardware and cloud infrastructure for AI model training and inference.
Keep reading to explore the intricacies of Lambda's fundraising journey and the investors backing this innovative platform.
What Is Lambda?
Lambda, based in San Jose, California, is a private company specializing in AI infrastructure and supercomputing solutions. The company provides high-performance GPU hardware and cloud infrastructure for AI model training and inference, serving industries such as AI Infrastructure, Artificial Intelligence, Cloud Computing, Data Center, GPU, and Machine Learning.
With an employee count ranging from 501 to 1000, Lambda has successfully raised funding through a Series E round. The company emphasizes high-density power, liquid cooling, and expert support to manage large-scale AI workloads efficiently, ensuring enterprise readiness with SOC 2 Type II certification.
How Much Funding Has Lambda Raised?
- Series B
- Amount Raised: USD 44,000,000
- Date: March 2023
- Lead Investors: Mercato Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand AI cloud services and enhance GPU hardware capabilities.
- Series C
- Amount Raised: USD 320,000,000
- Date: February 2024
- Lead Investors: US Innovative Technology Fund
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth and expansion in the AI cloud services market.
- Debt Financing
- Amount Raised: USD 500,000,000
- Date: April 2024
- Lead Investors: Macquarie Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale Lambda's GPU Cloud and purchase Nvidia's latest AI chips.
- Series D
- Amount Raised: USD 480,000,000
- Date: February 2025
- Lead Investors: Alumni Ventures, Andra Capital, SGW
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance AI infrastructure and expand market reach.
- Debt Financing
- Amount Raised: USD 275,000,000
- Date: August 2025
- Lead Investors: JP Morgan
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To secure additional capital for scaling operations and infrastructure.
- Series E
- Amount Raised: USD 1,500,000,000
- Date: November 2025
- Lead Investors: TWG Global
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further expand AI capabilities and infrastructure.
Total Amount Raised: USD 3,119,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- TWG Global
- Details: TWG Global is a prominent investment firm known for its strategic investments in technology and innovation. They led Lambda's Series E funding round.
- Investment Focus Areas: Technology, AI, Cloud Computing
- Notable Investments: Not publicly disclosed
- JP Morgan
- Details: JP Morgan is a global leader in financial services, offering solutions in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and private equity. They provided part of the $275 million debt financing for Lambda.
- Investment Focus Areas: Financial Services, Technology, Infrastructure
- Notable Investments: Not publicly disclosed
- Alumni Ventures
- Details: Alumni Ventures is a venture capital firm that invests in high-growth startups. They were key investors in Lambda's Series D and Series C funding rounds.
- Investment Focus Areas: Technology, AI, Healthcare
- Notable Investments: Not publicly disclosed
- Macquarie Group
- Details: Macquarie Group is a diversified financial group providing clients with asset management and finance, banking, advisory, and risk and capital solutions. They were involved in Lambda's $500 million debt financing round.
- Investment Focus Areas: Infrastructure, Renewable Energy, Technology
- Notable Investments: Not publicly disclosed
- US Innovative Technology Fund
- Details: US Innovative Technology Fund, led by billionaire Thomas Tull, focuses on investing in cutting-edge technology companies. They led Lambda's $320 million Series C funding round.
- Investment Focus Areas: AI, Technology, Media
- Notable Investments: Legendary Entertainment, Various AI startups
What's Next for Lambda?
Lambda's future looks promising as it scales its GPU Cloud with NVIDIA H100s and acquires advanced AI chips like the H200 and Blackwell series. These high-demand chips, priced between $30,000 to $40,000, present a significant growth opportunity, driven by the competitive AI market and the increasing need for powerful computing solutions.
Future fundraising could see Lambda leveraging asset-based financing, using AI chips as collateral, to secure additional capital. This strategy has already proven successful with a $500 million loan, indicating strong investor confidence. However, challenges such as chip availability and competitive pressures in the AI cloud services market could pose risks.
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