Databricks in talks for new funding round, valuation may exceed $165 billion

The company told investors that after the completion of financing, its valuation is expected to reach 165 billion to 175 billion US dollars. Last year, the company completed a round of financing at the end of the year, and its valuation after fundraising was 134 billion US dollars, representing a significant increase over the previous valuation. This 13-year-old enterprise has postponed its listing plans multiple times, opting instead to continue conducting private fundraising and arranging the transfer of existing shares. The final terms of the current fundraising round have yet to be determined, so it is not clear whether the latest valuation includes the new fundraising.