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Databricks in talks to raise capital at above $130 billion valuation, The Information reports
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Databricks in talks to raise capital at above $130 billion valuation, The Information reports
Nov 17, 2025 7:08 PM

Nov 17 (Reuters) - Data analytics firm Databricks is in

talks to raise funds at a valuation of more than $130 billion,

about 30% higher than its last financing round two months ago,

The Information reported on Monday, citing two people familiar

with the discussion.

The company declined to comment on the report.

Databricks has not signed a term sheet with any

investment firms, the report added.

Reuters could not immediately confirm the report.

In September, the San Francisco-based company closed a

$1-billion-funding round that valued it at $100 billion, making

it one of the world's most valuable private companies.

At the time, Databricks said it was on track to hit $4

billion in annualized revenue, driven by booming demand for its

artificial intelligence products. The company planned to use the

proceeds to accelerate its AI strategy, expand products, launch

an operational database category and pursue AI acquisitions and

research.

Founded in 2013, Databricks offers a platform that helps

users ingest, analyze and build AI applications. The company has

long been viewed as a leading candidate to go public and has

received numerous investor inquiries.

Databricks has about 15,000 customers, including payments

firm Block, energy giant Shell and electric

vehicle maker Rivian.

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