Global Infrastructure SherpaNVIDIA Invests in Lambda's $300 Million Series C Funding Round for AI Infrastructure
USD320M
Deal Value
null
Stage
null
Project
Lambda, an AI infrastructure provider, raised $300 million in a Series C funding round with participation from NVIDIA's NVentures. The funding will be used to expand Lambda's AI cloud and hardware offerings.
Get daily data centers deal alerts — free, no spam.
Counterparts (5)
Investor
Brookfield
Brookfield is a leading global investment firm focused on building long-term wealth for institutions and individuals around the world. They invest in long-life, high-quality assets and apply an owner-operator mindset to manage and grow the businesses they own.
NVIDIA
NVIDIA is a technology company specializing in accelerated computing, particularly in AI and digital twins. Their technologies are used across various industries, including automotive, healthcare, and manufacturing, with a focus on enabling sustainable computing through energy-efficient solutions.
NVentures (NVIDIA’s venture capital arm)
NVentures, NVIDIA's venture capital arm, has participated in one verified deal: a $425 million Series E financing round for Redwood Materials. This investment focuses on the battery/storage technology sector within the USA.
1517 Fund
1517 Fund is a venture capital firm that invests in early-stage startups, often focusing on companies founded by dropouts, rebels, and misfits. They provide funding and support to entrepreneurs building innovative solutions across various sectors.
Sign up free to access full counterpart details, deal analysis, and timeline.
Sign up free →Source Intelligence
KEY DETAILS
null
“
Deal Size
Lambda has raised $320 million in Series C funding.
“
Location
Lambda, a San Jose, CA-based GPU cloud company
“
Announcement
Funding Month: February 2024
PARTIES MENTIONED IN SOURCE
L
Lambda
Company
"Lambda, a San Jose, CA-based GPU cloud company powered by NVIDIA GPUs, has raised $320 million in Series C funding."
U
US Innovative Technology
Lead Investors
"The round was led by Thomas Tull’s US Innovative Technology"
B
B Capital
Additional Investors
"with participation from new investors B Capital"
S
SK Telecom
Additional Investors
"SK Telecom"
T
T. Rowe Price Associates, Inc.
Additional Investors
"T. Rowe Price Associates, Inc."
C
Crescent Cove
Additional Investors
"Crescent Cove"
M
Mercato Partners
Additional Investors
"Mercato Partners"
1
1517 Fund
Additional Investors
"1517 Fund"
B
Bloomberg Beta
Additional Investors
"Bloomberg Beta"
G
Gradient Ventures
Additional Investors
"Gradient Ventures"
high quality
Enriched Feb 19, 2026
Timeline
Announced
Feb 29, 2024
Signed
Closed
Get the full picture — timeline, source intelligence, and counterpart analysis.
Sign up free →