Databricks reportedly in talks to raise funding at a $130B+ valuation

Data intelligence company Databricks is reportedly already in talks to raise fresh capital, just a few months after its last fundraise.

Databricks is holding conversations to raise a funding round that values the company at a minimum of $130 billion, according to reporting from The Information . The company hasn’t signed a term sheet yet, the report added.

That would prove a valuation bump of at least 30% over the $100 billion price tag Databricks achieved in its $1 billion Series J funding round in August.

At the time, Databricks co-founder and CEO Ali Ghodsi told TechCrunch that the company raised the round to fund two specific projects : a database for AI agents and its AI agent platform.

“The database market is $105 billion of TAM [total addressable market], of revenue, sitting