Qdrant raises $28M to Advance Massive-Scale AI Applications

Funding Fuels Expansion of Qdrant’s Open-Source Vector Database, Enhancing Scalability and Efficiency for Next-Gen AI Use Cases. Qdrant, the leading high-performance, open-source vector database, today announced the successful completion of its Series A funding round, securing a $28M investment led by Spark Capital, with participation from existing investors Unusual Ventures...

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