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August 13, 2026 - Deals

Polymarket Acquires Turf's Six-Person Team To Enhance Live Sports Features

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Polymarket has acquired Turf’s six-person team, adding the creators of a real-time NFL prediction app to build out live sports features across its U.S. platform. The deal is part of a broader push by CEO Shayne Coplan’s prediction market company to scale ahead of major demand drivers, including the NFL season and upcoming midterm elections, while expanding its product and operational capabilities. HQ: New York City, New York #VentureCapital #Polymarket #TradedVC

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Databricks Secures $5 Billion Funding Round Led By Coatue At $190 Billion ValuationDatabricks has closed a $5 billion strategic funding round at a $190 billion valuation, one of the largest private technology financings to date, as investors continue to back enterprise AI infrastructure. The data and AI software company, led by CEO Ali Ghodsi, has surpassed a $7 billion revenue run rate and plans to use the capital to expand AI products including Unity AI Gateway, Lakebase, and Genie, while supporting hiring and acquisitions. Coatue led the round alongside Blackstone, MGX, T. Rowe Price, and Sixth Street, with the latest raise marking a significant valuation increase from its $134 billion funding round six months earlier. FOUNDERS: Ali Ghodsi, Ion Stoica, Matei Zaharia, Patrick Wendell, Reynold Xin, Andy Konwinski & Arsalan Tavakoli-Shiraji INVESTORS: Coatue, Blackstone, MGX, T. Rowe Price & Sixth Street AMOUNT: $5,000,000,000 VALUATION: $190,000,000,000 HQ: San Francisco, California #VentureCapital #Databricks #AliGhodsi #TradedVC