Lambda reportedly raising $4bn ahead of planned IPO
What happened
AI digest
Cloud provider Lambda is raising up to $4bn at a $14.5bn pre-money valuation, led by Coatue Management and Blackstone, according to The Wall Street Journal. The report says it could be the company's final private round before a planned 2027 IPO. The round remains at the reporting stage, with no further details disclosed.
Written by AI from the reports · updated 9 d ago
Timeline
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Oct 7
- TechCrunch · AIAI computing startup Lambda to raise $4B ahead of planned IPO
Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.