Coatue → Databricks: $5B funds & debt

Coatue leads $5 billion into Databricks at $190 billion. Term sheet at $188 billion announced on 17/07/2026, closed at $5 billion and a $190 billion valuation. Coatue leads; Blackstone, MGX, T. Rowe Price and Sixth Street Growth participate. The initial target was $1 billion.

This deal is 100% of everything Coatue pays and 24% of everything Databricks receives in this database.

Date

Aug 13, 2026

Paid by

Coatue

Received by

Databricks

Type

Funds & debt

Amount

$5B

Status

closed

Note

Strategic round @ $190B valuation

See on the map