Startups & VC Summary

In the latest updates from the startup and venture capital landscape, Databricks has secured $4 billion in Series L funding, significantly boosting its valuation to $134 billion, according to reports. The funding round continues the trend of substantial investments in tech startups, with Databricks leading this week's funding chart.

Additionally, India's ICICI Prudential AMC experienced a successful IPO, with shares jumping 19% upon debut, priced at 2,165 rupees each at the upper end of their price band. Meanwhile, AI chipmaker Cerebras is preparing to file for a U.S.

IPO in early 2026 after previously withdrawing its filing in October. These developments indicate a dynamic landscape in tech funding and public offerings, shaping the future for various startups.