Lambda Series C financing

Transaction overview

Status: Reported completed

Exact closing date not established.

Lambda announced on February 15, 2024 that it had raised a $320 million Series C round. The company named T. Rowe Price Associates, Inc. among the participating investors and quoted its portfolio manager about the investment. The reported amount is the total round, not an individual investment by T. Rowe Price. The exact closing day and ownership percentage were not stated.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.