Deeptech Qdrant receives two million euros

The Berlin-based start-up was able to raise capital from 42CAP and IBB Ventures in its pre-seed financing round.

Deeptech start-up Qdrant was able to secure €2 million in an early financing round. This is led by European funds 42CAP and IBB Ventures.

Founded in 2021, the company specializes in processing unstructured data. It aims to use neural search technology to advance applied AI solutions and metric learning. Potential customers are companies that use or offer AI-based solutions. Potential applications range from product recommendations in e-commerce to image recognition and anomaly analysis.

Both investors had a strong track record of supporting early-stage deep-tech startups, the company said. "We are very pleased with the trust and capital placed in us by the investors. With their help, we will succeed in making Metric Learning truly viable," said co-founder Andrey Vasnetsov.


Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Startup 2021 Berlin Qdrant Open source neural search engine that makes Deep Metric Learning practical to take applied AI to the next level.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts