Tech Company Financing Transactions
Polars Funding Round
On 8/3/2023, Polars raised $4 million in Seed funding from Bain Capital Ventures.
Transaction Overview
Company Name
Announced On
8/3/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Bain Capital Ventures (Lead Investor)
Proceeds Purpose
The funding will be used to expand the team, and build a compute platform to efficiently run Polars at any scale.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
Undisclosed
Amsterdam, Undisclosed
NL
Amsterdam, Undisclosed
NL
Phone
Undisclosed
Website
Email Address
Overview
Polars is written in Rust, uncompromising in its choices to provide a feature-complete DataFrame API to the Rust ecosystem. Use it as a DataFrame library or as query engine backend for your data models. Polars is built upon the safe Arrow2 implementation of the Apache Arrow specification, enabling efficient resource use and processing performance. By doing so it also integrates seamlessly with other tools in the Arrow ecosystem.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Chiel Peters
Co-Founder
Ritchie Vink
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