Lambda eyes US$3B funding ahead of 2027 IPO

DIGITIMESAugust 27, 2026en

Lambda, the Nvidia-backed neocloud provider, is seeking to raise as much as US$3 billion before a planned 2027 listing, with its valuation potentially reaching US$12 billion, according to people familiar with the matter. Bloomberg reported that Lambda’s 2026 revenue is projected to exceed US$1.5 billion, and that the company has already received several investment term sheets, though the deal terms have not been finalized.

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