Tech Company Financing Transactions
Zilliz Funding Round
Prosperity7 Ventures, 5Y Capital and Hillhouse Capital Group joined a $60 million venture round for Zilliz. The round closed on 8/24/2022.
Transaction Overview
Company Name
Announced On
8/24/2022
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Undisclosed
Investors
Prosperity7 Ventures (Lead Investor) (Aysar Tayeb)
Proceeds Purpose
The fund only entered China last year and has been actively hunting down startups with a global ambition, which could tap the firm's vast global network.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
475 Sansome St 730
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Undisclosed
Website
Email Address
Overview
The leading provider of vector database and AI technologies. We are the engineers and scientists who created LF AI Milvus®, the world's most popular open-source vector database. By taking the burden of complex data infrastructure management off our users, we are committed to bringing the power of AI to every corporation, every organization and every individual.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chao Xie
Browse more venture capital transactions:
Prev: 8/24/2022: Petfolk venture capital transaction
Next: 8/24/2022: Rewst venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records on this site are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs