Databricks is back raising another $5 billion, after it raised that amount eight months ago. The largest fundings also went to an AI neolab, data center and electricity storage, defense, coding and biotech. Let's take a look. 1. Databricks, $5B, data platform: Databricks has surpassed a $7 billion revenue run rate, with more than 80% year-over-year growth in Q2. The San Francisco-based company raised $ 5 billion in a funding round led by Coatue, with participation from Blackstone, MGX, T. Rowe Price, and new investor Sixth Street Growth, and raised its valuation to $190 billion. Databricks was valued at $134 billion back in December 2025 when the company announced it had surpassed a $4.8 billion revenue run rate. From its Series A funding of $13 million in 2013, the 13-year-old company has raised around $25 billion in funding over all time, per Crunchbase data. 2. River AI, $1.1B, AI reinforcement learning: Founded earlier this year, River AI raised $1.1 billion across its seed and...
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