April 22, 2026

VAST Data’s $30 billion valuation is a bet that the data layer is the real bottleneck in AI

two angel statues
Gavin Allanwood / Unsplash

Summary: VAST Data raised $1 billion in a Series F at a $30 billion valuation, more than tripling from $9.1 billion, with Drive Capital and Access Industries co-leading and Nvidia, Fidelity, and NEA participating. More than $500 million is secondary...