The post Databricks seeks fresh capital at more than $130 billion valuation appeared com. Databricks is reportedly in talks to raise capital at a valuation exceeding $130 billion. The valuation is 30% higher than the data analytics firm’s last financing round in September, where its valuation reached $100 billion. According to a report by The Information on Monday, Databricks has not signed a term sheet with any investment firm. In its previous capital raise, the firm stated that it was on track to achieve $4 billion in annualized revenue. Databricks’ AI products drive its annual revenue higher Scoop: Databricks in talks to raise at above $130B+ valuation, just months after raising above $100B. Money could be used for acquisitions to further compete with Snowflake etc. w/ @amir Katie Roof (@Katie_Roof) November 18, 2025 The company revealed that its annualized revenue will be driven by booming demand for its artificial intelligence products. According to the announcement, Databricks planned to use the proceeds to boost its AI strategy, pursue acquisitions and research, and launch an operational database category. The data analytics firm disclosed that it plans to expand Agent Bricks and invest in its database offering Lakebase. Databricks said Agent Bricks helps build high-quality, production AI agents optimized to a user’s enterprise data, while Lakebase is an operational database (OLTP) built on open source Postgres and optimized for AI agents. “We’re seeing tremendous investor interest because of the momentum behind our AI products, which power the world’s largest businesses and AI services.” -Ali Ghodsi, Co-Founder and CEO of Databricks. Ghodsi also confirmed that every company can securely turn its enterprise data into AI apps and agents. He believes the initiative helps firms grow revenue faster, operate more efficiently, and make smarter decisions with less risk. The company announced in September that it had crossed a $4 billion revenue run rate during Q2, a 50%.
