Anaconda, Inc., a US artificial intelligence firm, has raised $150 million in a Series C funding round, with Mubadala Capital—the asset management division of Abu Dhabi’s Mubadala Investment Co.—listed as one of the participating investors.
The company, which focuses on advancing large-scale AI through open-source solutions, stated that the round was led by US-based software investor Insight Partners. The funding will support the development of new AI capabilities, strategic acquisitions, and expansion into additional markets.
Established in 2012, Anaconda reported generating over $150 million in annual recurring revenue (ARR) as of July 2025.
Mubadala, headquartered in Abu Dhabi, has AI investments in its portfolio that include G42, a UAE-based artificial intelligence and cloud computing enterprise.
Additionally, Mubadala holds a significant stake in Space42, an ADX-listed space technology firm specialising in satellite communications and leveraging AI technology.
