Nvidia-backed Lambda eyes $4B at $14.5B valuation from Blackstone and Coatue before 2027 IPO: Report
Tech Funding News Abhinaya Prabhu ● Covered by 2 sources
Lambda is reportedly raising up to $4B from Blackstone and Coatue at a $14.5B pre-money valuation as its potentially last private round ahead of a 2027 IPO. Its backlog of unfilled orders rose from $15B in June to $50B in September. The reported deal pricing and timeline could change based on how much of that backlog turns into delivered capacity and revenue by the time Lambda files for an IPO.
Why it matters
Through its Series E in November 2025, Lambda had raised more than $2.3 billion in equity since twin…
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