Funding round
Lambda Series E
Lambda, which works in AI infrastructure hardware manufacturing in San Jose, raised $1.50B in a Series E round announced on 18 Nov 2025, led by TWG Global. 3 firms took part. It is Lambda's sixth venture round on record; the one before was a Series D in Feb 2025.
$1.50B
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Lambda did not disclose a valuation in this round; its last disclosed one was $2.50B at the Series D (Feb 2025). It came 9 months after Lambda's Series D. It is 53% of the $2.80B Lambda has raised in the venture rounds on record. No later venture round is on record for Lambda.
Lambda's funding rounds
Lambda has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Seed 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 this round 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
TWG Global led the round with 2 other firms.
Lead investor
- backs 4 venture-backed companies new investor
Also in the round
- backs 20 venture-backed companies new investor
- Nvidia new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
44 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 7.5 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Harness Tech Companies | 11 Dec 2025 | $240M | $5.50B | Goldman Sachs |
| Tech Companies | 7 Oct 2025 | $150M | $2.00B | Bessemer Venture Partners |
| Supabase Tech Companies | 3 Oct 2025 | $100M | $5.00B | Accel and Peak XV |
| Tech Companies | 1 Oct 2025 | $75M | $2.00B | Lince Capital and Iberis Capital |
| Tech Companies | 6 Jan 2026 | $20.00B | not disclosed | not named |
| ID.me Tech Companies | 3 Sep 2025 | $340M | $2.00B | Ribbit |
| Tech Companies | 20 Jan 2026 | $204M | $4.25B | Technology Crossover Ventures and Blackstone |
| Tech Companies | 29 Sep 2025 | $75M | $1.40B | Peak XV Partners |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Lambda raise in its Series E round?
Lambda raised $1.50B in its Series E round, announced in Nov 2025.
Who led Lambda's Series E round?
TWG Global led it, with United States Innovative Technology and Nvidia.
What was Lambda's valuation at the Series E round?
It was not disclosed; its last disclosed one was $2.50B at the Series D (Feb 2025).
How does it compare with other Series E rounds in Tech Companies?
44 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 7.5 times the median.