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LanceDB has secured $30 million in Series A funding to enhance its AI data platform, with Theory Ventures and Y Combinator leading the charge.

Jun 24, 2025•about 2 months ago

Amount Raised

$30 Million

Round Type

series a

San FranciscoArtificial IntelligenceSoftware

Investors

CrvY CombinatorTheory Ventures

Description

LanceDB has secured $30 million in Series A funding to boost its AI data platform, with major investors like Theory Ventures and Y Combinator involved. This round reflects confidence in LanceDB's strategy as AI continues to evolve. The funding will help the company manage complex data workflows, essential for developing advanced AI models. Collaborating with AI pioneers, LanceDB is set to transform data integration in various sectors.

Company Information

Company

LanceDB

Location

San Francisco, California, United States

About

LanceDB is a developer-friendly, open source database for multimodal AI. From hyper scalable vector search to advanced retrieval for RAG, from streaming training data to interactive exploration of large scale AI datasets, LanceDB is the best foundation for your AI application.

Company News

(6 articles)
Mon, 20 May 2024 07:00:00 GMT

LanceDB Raises $8 Million in Seed Round - The SaaS News

Wed, 15 May 2024 07:00:00 GMT

LanceDB raises $8M to speed up AI models with its open-source vector database - SiliconANGLE

Wed, 15 May 2024 07:00:00 GMT

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI - TechCrunch

Wed, 15 May 2024 07:00:00 GMT

LanceDB raises $11M to build an open-source multimodal AI database for app development - VentureBeat

Tue, 24 Jun 2025 10:14:56 GMT

LanceDB Secures $30 Million In Series A Funding - Finimize

Mon, 01 Apr 2024 21:56:17 GMT

Serverless Retrieval Augmented Generation (RAG) on AWS - Amazon Web Services

FundzWatch™ Score

20
Medium Activity
2 total signals

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech