(Reuters) -Anaconda, a supplier of open-source Python software program for information science and AI, has raised greater than $150 million in a Collection C funding spherical, valuing the startup at about $1.5 billion.
The spherical was led by Perception Companions, with extra participation from Abu Dhabi’s Mubadala Capital.
The corporate mentioned on Thursday the contemporary capital will assist product growth, potential acquisitions and worldwide growth, in addition to present liquidity for workers.
The funding comes amid elevated competitors within the enterprise AI software program sector, with Python persevering with to dominate because the programming language of alternative for AI growth.
U.S. startup funding has surged 75.6% within the first half of 2025, led by the AI growth, placing it on observe for its second-best 12 months ever, at the same time as enterprise capital companies struggled to boost cash, in keeping with PitchBook.
This 12 months’s growth has been pushed largely by main AI investments and daring bets from large tech corporations, a wave of exercise set off by the debut of ChatGPT in late 2022. Up to now three months alone, $69.9 billion was invested in U.S. startups.
Anaconda operates profitably with over $150 million in annual recurring income as of July 2025, Co-President and Chief Industrial Officer Jane Kim mentioned in an emailed assertion.
The corporate is searching for to capitalize on rising enterprise demand for open-source instruments as organizations shift from remoted information science initiatives to broader AI purposes.
The startup has additionally expanded its management staff, hiring executives with backgrounds in enterprise expertise and product innovation.
The funding follows Anaconda’s launch of a brand new AI platform and a partnership with Databricks.
Bloomberg Information first reported the main points on Anaconda’s newest funding spherical.
(Reporting by Kritika Lamba in Bengaluru; Modifying by Shailesh Kuber and Alan Barona)
