Lambda raises $480M Series D at $2.5B valuation led by Andra Capital and SGW

Lambda/Lambda Cloud

Lambda Labs secured $480 million in Series D funding led by Andra Capital and SGW, raising its total equity capital to $863 million at a $2.5 billion post-money valuation. New investors included Andrej Karpathy, ARK Invest and NVIDIA; strategic investors included Supermicro, Pegatron and Wiwynn. The funding aims to expand Lambda Cloud compute capacity and reach.

• Series D valuation: $2.5B post-money, total raised to date $863M equity.
• New investors: Andrej Karpathy, ARK Invest, In-Q-Tel, G Squared; strategic: Supermicro, Pegatron, Wiwynn.
• Capital to expand GPU clusters and managed platform for distributed AI workloads.