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Lambda plots $350 million raise before 2026 IPO - report
Mubadala Capital, one of the United Arab Emirates' sovereign wealth funds, is in discussions to lead the funding round at a 20% discount to the IPO price.
By Jack Haddon
Deputy Editor, The Tech Capital
3 Mins
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Stephen Balaban, CEO, Lambda
AI cloud provider Lambda is said to be planning to raise at least US$350 million before it lists on the public markets in a 2026 IPO, according to a report from the Information
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Jack Haddon
Deputy Editor, The Tech Capital
2 Mins|June 19, 2026
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