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VentureAug 15 · Today's Startup News

Databricks raises $5B at a $190B valuation

Databricks raised $5B from Coatue, Blackstone, MGX and T. Rowe Price at a $190B valuation in August 2026, funding its agent platform, Lakebase and the Neon acquisition's serverless Postgres. One of the largest private rounds ever outside the frontier labs.

Companies mentioned

Databricks

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Pandektes raises €13.5M Series A led by Alstin Capital to build the data layer for AI legal research

Supabase raises $150M led by GIC and acquires Turso

Flow Engineering raises $50M Series B at $750M for agentic hardware-design tooling

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Source

Today's Startup News ↗

Rewritten in our words. The original is the source of record.

Deal sheet

CompanyDatabricks

TypeGrowth

Amount$5B

Valuation$190B

SectorData & AI platform

HQSan Francisco, US

Investors

Coatuelead Blackstone MGX T. Rowe Price

Databricks website ↗

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OneByZero raises $20M Series A from Jungle Ventures to take enterprise AI from pilots to production in APAC Pandektes raises €13.5M Series A led by Alstin Capital to build the data layer for AI legal research Supabase raises $150M led by GIC and acquires Turso Flow Engineering raises $50M Series B at $750M for agentic hardware-design tooling

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