Databricks raised $5 billion in new funding, topping the list of the 10 largest announced funding rounds for U.S.-based companies from August 8 to 14, 2026, according to Crunchbase News tracking. The round came just eight months after the company raised the same amount, and it increased its valuation to $190 billion.
Coatue led the round, with participation from Blackstone, MGX, and T. Rowe Price, as well as new investor Sixth Street Growth. The report’s data said Databricks surpassed an annualized revenue run rate of $7 billion, with growth exceeding 80% year over year during the second quarter. Since its first $13 million funding round in 2013, the company has raised approximately $25 billion in total, according to Crunchbase data.
Artificial Intelligence and Infrastructure Rounds
River AI ranked second with $1.1 billion in funding distributed across Seed and Series A rounds, led by AMP PBC and General Catalyst, with strategic investments from Nvidia and AMD Ventures. The company was founded earlier in 2026 and is led by Igor Babuschkin, who was central to artificial intelligence developments at Google DeepMind, OpenAI, and xAI over the past decade. The company is working to build customized artificial intelligence systems trained directly on what an individual or organization needs, while giving the end user greater control.
Form Energy raised $750 million in a Series G round led by T. Rowe Price. The Massachusetts-based company is developing batteries capable of storing grid electricity for up to 100 hours, with participation from investors in the infrastructure, climate, venture capital, and private equity sectors.
In data center infrastructure, Point2 Technology raised $136 million in an extension of its Series B round led by LB Investment, with a strategic investment from Arm Holdings and participation from existing investor Maverick Silicon. The company is developing interconnect solutions for data centers dedicated to artificial intelligence workloads.
Defense, Software, and Biotechnology
Neros Technologies, which specializes in manufacturing drones and counter-drone systems, raised $250 million in a Series C round led by American Strategic Technology Fund and Sequoia Capital. The company was founded in Los Angeles in 2023 and has raised $370 million to date. It says it will build one million drones annually by 2028. It also has contracts with the U.S. military and approximately six allied countries in Europe, Asia, and the Middle East.
CodeRabbit raised $143 million in a Series C round led by Atomico and Smash Capital. The company provides open-source code review technology and says its products are used in 150,000 open-source projects and by 17,000 customers. It intends to establish an office in London in response to customer interest in Europe, as code review becomes increasingly important with the expansion of programming automation.
The list also included Bridge to Life, which raised $100 million in a Series C round to develop an organ viability assessment tool and expand its VitaSmart technology to U.S. organ transplant centers; Aureka Biotechnologies, which received $100 million in a Series B round to train its drug discovery model using a feedback mechanism that connects the model to the laboratory; and Epicrispr Biotechnologies, which raised $90 million in a Series C round to develop genetic medicines for neuromuscular diseases. PointsKash, a loyalty rewards application, also raised $100 million in private equity funding.
Notable Rounds Outside the United States
The report also pointed to large rounds for non-U.S. companies, including Swedish company Lovable, which raised $400 million in a Series C round led by EQT and Menlo Ventures at a valuation of $13.3 billion, and British company Cambridge Aerospace, which raised $300 million in a Series C round led by DFJ Growth. Since the company’s previous round, the British Ministry of Defence had committed to purchasing the Skyhammer system for intercepting drones and low-speed missiles.