# Databricks valuation rises to USD 188 billion; new funding reportedly approximately USD 3 billion

On 2026/7/21, TechCrunch reported that US company Databricks had reached a USD 188 billion valuation following a new round led by Coatue, with the amount reportedly approximately USD 3 billion. It was accelerating its shift toward AI products.



Canonical: https://uniquebase.ai/news/90ba7e16-817c-4099-9d6d-a803bc6271ab
Stable identifier: 90ba7e16-817c-4099-9d6d-a803bc6271ab
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-15T23:37:22.227Z

## Connected profiles

- [Coatue](/institutions/coatue)
- [Databricks](/companies/databricks)

## Sources

- https://techcrunch.com/2026/07/17/databricks-hits-188b-valuation-extending-its-run-as-ais-favorite-second-act/