VAST Data raises $1B at $30B valuation with Nvidia backing

On 2026-04-22, VAST Data raised $1 billion in a Series F round at a $30 billion valuation, with Drive Capital and Access Industries co-leading and Nvidia, Fidelity, and NEA participating. More than $500 million of the round was secondary capital, providing liquidity to shareholders and reducing near-term IPO pressure.