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Lambda , $480M, artificialintelligence: Lambda, which offers cloud computing services and hardware for training artificialintelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. It was just a year ago when Lambda hit unicorn status after a $320 million Series C at a $1.5
Not exactly sure what was in the water this week, but AI and biotech led the way as happens often. Lambda , $320M, artificialintelligence: In a big week, this was the biggest round. Lambda hit unicorn status after a $320 million Series C at a $1.5 billion valuation.
Once again, biotech made up nearly a third of the list while some other sectors that don’t usually make the list — developer platform and analytics — were represented. Uniquity Bio , $300M, biotech: It has become pretty much the norm to start off these lists with a big biotech raise. billion valuation.
Figure , $675M, artificialintelligence: Sunnyvale, California-based Figure last week confirmed earlier reports that it had raised a huge $675 million round at a $2.6 Lambda , $320M, artificialintelligence: Lambda hit unicorn status after a $320 million Series C at a $1.5 billion, per Crunchbase.
The totals got a boost from some extra-large financings for a handful of companies, including: San Francisco-based Generate Capital , a green infrastructure investor and operator, secured $1.5 Part of the reason is the highest-spending investors back then — SoftBank Vision Fund and Tiger Global Management — are much less active now.
This week defense and artificialintelligence led the way with massive rounds, but healthcare, security and more also saw big raises. Lambda is a provider of Nvidia s which also participated in the round latest GPUs, which are highly sought after by AI developers. Check out the biggest funding rounds of last week here.
Funding to healthcare and biotech totaled 22% of total investment. Hardware received 18% of funding last month, with large rounds for data centers and robotics startups, while 15% of funding went to the manufacturing sector, where startups in defense and aerospace, and material science raised large rounds.
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