Tech Company Financing Transactions
Qdrant Funding Round
Qdrant closed a $28 million Series A funding round on 1/23/2024. Investors included Spark Capital, 42CAP and Unusual Ventures.
Transaction Overview
Company Name
Announced On
1/23/2024
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series A
Investors
Proceeds Purpose
They'll use the fresh cash injection to build out its business team, given that the company substantively consists of engineers at the moment.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Chausseestraße 86
Berlin, 10115
DE
Berlin, 10115
DE
Phone
Undisclosed
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andre Zayarni
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We do our best to document tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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