Databricks raised $5 billion from a broad group of investors at a valuation of $190 billion to support its rapidly growing data and AI business.
- Amount
- $5B
- Announced
- 13 August 2026
- Lead
- Coatue
- Other investors
- Blackstone, MGX, T. Rowe Price, Sixth Street Growth
- Use of funds
- Pay for AI research, multibillion-dollar cloud commitments with hyperscalers, and acquisitions.
- Valuation
- $190B
- Checked
- Amount and date matched across 2 press sources