New funding reflects VAST’s rare combination of growth and profitability, driven by its central role in powering AI infrastructure at global scale
Remote-First Company | Dubai, UAE – April 23, 2026 – VAST Data, the AI Operating System company, today announced the closing of its Series F financing at a $30 billion valuation, representing more than a threefold increase from its $9.1 billion Series E valuation in late 2023. The latest round was led by Drive Capital, with Access Industries acting as co-lead, and included participation from existing investors including Fidelity Management & Research Company, NEA, and NVIDIA, alongside new investors. This financing reflects the accelerating demand for a new data infrastructure stack needed for the development and deployment of artificial generally intelligent systems.

Renen Hallak, Founder and CEO of VAST Data
Continue reading VAST Data Secures $30B Valuation in Landmark Funding Round