Lambda: $480 Million (Series D) Raised For Expanding AI Cloud Platform
By Amit Chowdhry ● Feb 26, 2025
AI Developer Cloud Lambda announced it has raised $480 million in Series D, bringing the total equity capital raised to date to $863 million. The funding round was co-led by Andra Capital and SGW, with participation from new investors Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, NVIDIA, and others. Strategic investment came from Pegatron, Supermicro, Wistron, and Wiwynn, and many existing investors, including 1517, Crescent Cove, and USIT.