Databricks Raises Series K Funding at $100 Billion Valuation

August 19, 2025
Databricks has announced a Series K funding round, valuing the company at over $100 billion. The funds will accelerate AI strategy and global growth.

Databricks has signed a term sheet for its Series K funding round, which values the company at over $100 billion, announced in a press release. The funding is expected to close soon with support from existing investors.

The new capital will be used to accelerate Databricks' AI strategy, including the expansion of its Agent Bricks product and investment in its new database offering, Lakebase. Agent Bricks is designed to build high-quality AI agents optimized for enterprise data, while Lakebase is an operational database built on open-source Postgres and optimized for AI agents.

Databricks plans to use the investment to fuel global growth and support future AI acquisitions and research. The company has recently launched or expanded partnerships with major tech firms such as Microsoft, Google Cloud, and SAP, and serves over 15,000 customers worldwide with its Data Intelligence Platform.

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