# Vast Data Raised $1B at $30B Valuation Series F _AI storage platform Vast Data was in talks with Alphabet’s CapitalG and existing investor Nvidia for a new funding round. StartupHub._ **Published:** 2025-08-01 **Source:** https://www.startuphub.ai/ai-news/funding-round/2025/vast-data-nears-30b-valuation-in-capitalg-nvidia-talks --- AI storage platform [Vast Data](https://www.startuphub.ai/startups/vast-data/) was in talks with Alphabet’s CapitalG and existing investor [Nvidia](https://www.startuphub.ai/ai-news/ai-video/2025/nvidias-gr00t-n1-bringing-foundation-models-to-the-physical-world/) for a new funding round. StartupHub.ai received insider details that strongly confirm Vast Data has raised $1 billion at a $30 billion valuation. The round was purportedly led by CapitalG and Nvidia. This round brings Vast Data's total funding to $1.38 billion. Their last round closed in 2023 where their valuation hit $9 billion. ## Vast Data's Growth Trajectory Vast Data develops storage technology enabling efficiency in [AI data centers](https://www.startuphub.ai/ai-news/funding-round/2025/armada-secures-131m-for-relocatable-ai-data-centers/). Furthermore, the startup earned $200 million in annual recurring revenue (ARR) by January 2025. Projections indicate growth to $600 million in ARR next year. Moreover, the intensifying AI boom drives significant investment into [AI infrastructure](https://www.startuphub.ai/ai-news/ai-video/2025/amazon-commits-over-118b-to-ai-infrastructure-race/) startups. Also, the U.S. government greenlights scaled build-out of data centers. Companies like Pure Storage and [Dell Technologies](https://www.startuphub.ai/ai-news/sponsored-press-release/2025/pliops-unveils-breakthrough-ai-performance-enhancements/) also operate in this expanding market. Vast Data's CEO states the company is free cash flow positive. This demonstrates strong financial health. The startup was founded by Alon Horev, Jeff Denworth, Renen Hallak, and Shachar Fienblit. Their technology is protected by a patent portfolio of over 20 patents, and a team size of nearly 800. --- Original analysis from [startuphub.ai](https://www.startuphub.ai), the #1 AI startup directory. © StartupHub.ai. All rights reserved. You may not republish this article in full without a license. Search engines and AI research tools may crawl and summarize for reference. Bulk reproduction or model training on this content requires a license. See https://www.startuphub.ai/terms.