---
title: "Databricks raises $5B at $190B valuation, 3x oversubscribed"
url: https://www.parallelquant.com/posts/databricks-raises-5b-at-190b-valuation-3x-oversubscribed-7e5550
source_name: "TechCrunch"
source_url: https://techcrunch.com/2026/08/13/databricks-wanted-to-raise-1b-investors-wanted-15b-it-settled-on-5b-at-a-190b-valuation/
published: 2026-08-13T20:14:39.000Z
topics: ["products", "business"]
publisher: "Parallel Quant"
---

# Databricks raises $5B at $190B valuation, 3x oversubscribed

*2026-08-13 · Source: [TechCrunch](https://techcrunch.com/2026/08/13/databricks-wanted-to-raise-1b-investors-wanted-15b-it-settled-on-5b-at-a-190b-valuation/)*

Databricks set out to raise $1 billion but investor demand reached $15 billion, so it settled on a $5 billion round at a $190 billion valuation. CEO Ali Ghodsi said he accepted more capital than originally planned given the demand.

**Why it matters:** The scale of oversubscription shows investors are still pouring capital into AI-infrastructure leaders even as some hardware names have wobbled recently. It underscores how AI investment capital is concentrating in a small number of data and AI-platform companies rather than spreading evenly across the market.

**Topics:** products, business

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Read the original: https://techcrunch.com/2026/08/13/databricks-wanted-to-raise-1b-investors-wanted-15b-it-settled-on-5b-at-a-190b-valuation/
Canonical: https://www.parallelquant.com/posts/databricks-raises-5b-at-190b-valuation-3x-oversubscribed-7e5550
Published by Parallel Quant — https://www.parallelquant.com