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Lambda , $480M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence software, raised a $480 million Series D co-led by Andra Capital and SGW. Lambda is also a provider of the latest GPUs by Nvidia , which are highly sought after by AI developers.
Not exactly sure what was in the water this week, but AI and biotech led the way as happens often. Lambda , $320M, artificial intelligence: 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. The company has raised $150 million, per Crunchbase.
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.
Lambda , $320M, artificial intelligence: Lambda hit unicorn status after a $320 million Series C at a $1.5 The company offers cloud computing services and hardware for training artificial intelligence software. Freenome , $254M, biotech: This is just one of many big biotech raises this month. billion valuation.
AI and healthcare were the two leading sectors for investment, with hardware and manufacturing gaining in prominence. AI led, with hardware and manufacturing increases AI was the leading sector for venture capital investment in February, drawing $5.7 Funding to healthcare and biotech totaled 22% of total investment.
Lambda , $320M, artificial intelligence: Lambda, which offers cloud computing services and hardware for training artificial intelligence 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 billion valuation.
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