Abu Dhabi’s Mubadala Capital has acquired a stake in Anaconda, the US company best known for distributing one of the world’s most widely used Python programming environments, as part of a $150 million Series C co‑led with Insight Partners.
Anaconda provides enterprises with a secure, enterprise‑grade distribution of Python bundled with pre‑installed packages and tools tailored for data science, machine learning, and AI development. The company says 95% of Fortune 500 firms and more than 10,000 large enterprises rely on its software to build and manage AI systems. It reported $150 million in annual recurring revenue as of July 2025.
Funding will be used to accelerate the rollout of new AI features, pursue strategic acquisitions, and expand into new markets. For Mubadala, which manages about $330 billion in assets and deployed $32 billion in capital in 2024, the investment builds on a growing portfolio of AI bets, including Abu Dhabi‑based G42.