VAST Data has completed a Series F funding round of approximately $1 billion, reaching a valuation of $30 billion.

On April 22nd, local time, VAST Data, an artificial intelligence startup based in New York, announced the completion of approximately $1 billion in Series F financing, with a valuation of $30 billion, more than three times the $9.1 billion valuation in the Series E round at the end of 2023. This round of financing was led by Drive Capital, with Access Industries serving as a co-lead investor, and existing investors Fidelity Management & Research Company, NEA, NVIDIA, as well as new investors participating in follow-on investments.