Lambda seeks up to $4B ahead of a 2027 IPO

TechCrunch reported on October 7, 2026 that cloud provider Lambda plans to raise up to $4 billion at a $14.5 billion pre-money valuation, led by Coatue Management and Blackstone. Lambda aims to hold an IPO in 2027, and this proposed round may be its last private raise before listing. The report covers the plan, the proposed valuation, size and lead investors; it does not say the round has closed, and whether it becomes the last private round before the IPO is not yet settled.

Written by AI from the coverage · updated 2 hours ago

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