AI computing startup Lambda to raise $4B ahead of planned IPO
Nvidia-backed Lambda is raising up to $4 billion at a $14. 5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.
This article was published on May 22, 2026 The Paris-based cat-qubit company adds NVentures to a cap table already backed by FFC, AVP and Bpifrance, and deepens its CUDA-Q tie-up with Nvidia. Alice & Bob, the Paris- and Boston-based quantum hardware company building fault-tolerant machines on its proprietary cat-qubit architecture, has added NVentures, Nvidia’s venture arm, to its cap table in an extension of its €100m Series B. Financial terms of the new investment were not disclosed. The round was announced on Friday by the company. The original Series B closed in January 2025, led by Future French Champions, AXA Venture Partners and Bpifrance, and valued at €100m (about $104.9m at the time). It was one of the larger European quantum hardware rounds on record and the clearest signal to date that French sovereign capital, channelled through Bpifrance and the state-backed FFC vehicle, was prepared to underwrite a serious shot at fault tolerance from a domestic operator. The NVentures extension does not replace any of those backers; it bolts onto them. What Nvidia is buying is partly a strategic option and partly a software integration. Alice & Bob has spent the last year tying its

May 22, 2026 → May 22, 2026
This article was published on May 22, 2026 The Paris-based cat-qubit company adds NVentures to a cap table already backed by FFC, AVP and Bpifrance, and deepens its CUDA-Q tie-up with Nvidia. Alice & Bob, the Paris- and Boston-based…
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This article was published on May 22, 2026 The Paris-based cat-qubit company adds NVentures to a cap table already backed by FFC, AVP and Bpifrance, and deepens its CUDA-Q tie-up with Nvidia. Alice & Bob, the Paris- and…
Read original at The Next Web →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
This article was published on May 22, 2026 The Paris-based cat-qubit company adds NVentures to a cap table already backed by FFC, AVP and Bpifrance, and deepens its CUDA-Q tie-up with Nvidia. Alice & Bob, the Paris- and Boston-based…
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Nvidia-backed Lambda is raising up to $4 billion at a $14. 5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.
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