Nvidia-Backed VAST Data Raises ~$1 Billion at $30 Billion Valuation
AI data-infrastructure company VAST Data raised approximately $1 billion in a Series F at a $30 billion valuation, with Drive Capital leading and Nvidia among the backers.
What Drove This Round?
AI workloads are driving explosive demand for high-performance data platforms
VAST's storage-and-data architecture underpins large-scale AI training and inference
Nvidia's backing aligns VAST with the dominant AI-compute ecosystem
Capital funds product expansion and global go-to-market scaling
Drive Capital led the round with strong strategic participation
Impact Analysis
At a $30 billion valuation, VAST Data has become one of the most valuable AI-infrastructure startups, riding the data-platform layer of the AI buildout. The round accelerates hiring across systems engineering, AI infrastructure, and enterprise sales, reflecting how much of the AI value chain now sits in storage, data movement, and inference plumbing.
Looking for your next opportunity?
Related Articles
Bret Taylor's Sierra Raises $950 Million at $15.8 Billion Valuation
Sierra · May 2026
OpenAI Closes Historic $122 Billion Round at $852 Billion Valuation
OpenAI · Mar 2026
Starcloud Raises $170 Million to Build Data Centers in Space
Starcloud · Mar 2026
Legal AI Startup Harvey Confirms $11 Billion Valuation in $200M Round
Harvey · Mar 2026
Anthropic Raises $30 Billion at $380 Billion Valuation
Anthropic · Mar 2026
Valar Atomics Raises $450 Million to Build Nuclear Reactors for AI Data Centers
Valar Atomics · Mar 2026