Open source vector database startup Qdrant raises $28M

Jan 23, 2024•almost 2 years ago

Amount Raised

$28 Million

BerlinSoftware Development

Investors

Spark Capital

Description

Qdrant, the company behind the eponymous open source vector database, has raised $28 million in a Series A round of funding led by Spark Capital.

Company Information

Company

Qdrant

Location

Berlin, Maryland, United States

About

Powering the next generation of AI applications with advanced and high-performant vector similarity search technology. Qdrant engine is an open-source vector search database. It deploys as an API service providing a search for the nearest high-dimensional vectors. With Qdrant, embeddings or neural network encoders can be turned into full-fledged applications for matching, searching, recommending, and much more. Make the most of your Unstructured Data!

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