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DatabricksFundingBreaking
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FundingJul 16, 2026Updated Jul 24, 20269 min read3 sections

Databricks Valued at $188B in New Funding Round Led by Coatue

Databricks signs ~$3B term sheet at $188B valuation, the biggest AI infrastructure bet yet.

MI
Maya IyerLead Reviewer
Type

Funding & Deals

Primary Source

Reuters

Published

Jul 16, 2026

Key Takeaways
  • $188B valuation, 40% jump from $134B.
  • $25B+ raised in 18 months.
  • No IPO. Funds Lakebase, Unity AI Gateway, Genie One.

~$3B round led by Coatue at $188B. 40% jump from Feb's $134B Series L.

Three Pillars

Lakebase (serverless Postgres + Delta Lake), Unity AI Gateway (GA), Genie One (NL analytics).

Databricks $188BCoatueAI infrastructure funding
Sources & References

Frequently Asked Questions

IPO?

No. Focused on product execution.

About the author
MI
Maya IyerLead Reviewer

Maya Iyer is GoPickStack's lead reviewer and covers enterprise SaaS, funding rounds, and go-to-market strategy. She has evaluated over 300 software products and focuses on the business case behind technology.

2 stories by Maya
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