Berlin-based Qdrant, which makes open source vector database of the same name, raised a $28M Series A led by Spark Capital, after raising $7.5M in April 2023 (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch:

Berlin-based Qdrant, which makes open source vector database of the same name, raised a $28M Series A led by Spark Capital, after raising $7.5M in April 2023  —  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.