Funding round
Lambda Seed
Lambda, which works in AI infrastructure hardware manufacturing in San Jose, raised $4.0M in a Seed round announced on 20 Dec 2017. 3 firms took part. It is Lambda's first venture round on record.
$4.0M
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
Lambda did not disclose a valuation in this round. It is Lambda's first venture round on record, 5 years after it was founded in 2012. It is under 1% of the $2.80B Lambda has raised in the venture rounds on record. Lambda raised again 59 months later: a Series B round in Nov 2022. Its next priced round, a Series C in Feb 2024, valued it at $1.50B.
Lambda's funding rounds
Lambda has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Seed this round 20 Dec 2017 $4.0M
- Series B 1 Nov 2022 amount not disclosed
- Series C 15 Feb 2024, led by United States Innovative Technology $320M$1.50B post-money
- Growth 4 Apr 2024, led by Macquarie $500M
- Series D 19 Feb 2025, led by Andra Capital and SGW $480M$2.50B post-money
- Debt not a venture round 20 Aug 2025, led by J.P. Morgan $275M
- Series E 18 Nov 2025, led by TWG Global $1.50B
- Debt not a venture round 12 Aug 2026, led by Morgan Stanley $926M
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- backs 141 venture-backed companies new investor
- 1517 Fund new investor
- Bloomberg Beta new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development.
- Product development
Comparable rounds
How it compares
633 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.0M, and this round was 2.0 times the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 18 Dec 2017 | $12M | not disclosed | DHVC |
| Tech Companies | 1 Dec 2017 | $5.0M | not disclosed | not named |
| Tech Companies | 12 Dec 2017 | $5.0M | not disclosed | Andreessen Horowitz |
| Tech Companies | 1 Dec 2017 | $5.0M | not disclosed | Amiti Ventures |
| Tech Companies | 8 Dec 2017 | $4.5M | not disclosed | Abbey International Finance Group |
| Tech Companies | 12 Dec 2017 | $3.3M | not disclosed | ATX Venture Partners |
| Everphone Tech Companies | 1 Dec 2017 | $3.0M | not disclosed | not named |
| Tech Companies | 3 Dec 2017 | $3.0M | not disclosed | Anthemis |
Sources
Where this comes from
Reported by 1 source. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Lambda raise in its Seed round?
Lambda raised $4.0M in its Seed round, announced in Dec 2017.
Which investors took part in Lambda's Seed round?
Gradient, 1517 Fund and Bloomberg Beta.
What was Lambda's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
633 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $2.0M, and this round was 2.0 times the median.
Did Lambda raise again after this round?
Yes: a Series B round in Nov 2022.