Investing.com - Financial Markets Worldwide


All Instrument Types

  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Published Sep 15, 2023 03:15PM ET Updated Sep 16, 2023 07:40PM ET

Nvidia AI partner Databricks raises $500M to achieve $43B valuation

Cloud data company Databricks recently announced the completion of a Series I fundraising round where it raked in $500 million from primary investor accounts led by T. Rowe and new investors Capital One Ventures, Ghisallo Capital Management, Ontario Teachers’ Pension Plan and Nvidia (NASDAQ:NVDA).

The latest investment round was achieved at a valuation of $43 billion dollars and a share price of $73.50, according to Databricks. In 2021, the company raised $1.6 billion in Series H funding at a valuation of $38 billion.

Continue Reading on Coin Telegraph

Nvidia AI partner Databricks raises $500M to achieve $43B valuation


Please enter your comment!
Please enter your name here