How Much Did Weaviate Raise?
Funding & Key Investors

Weaviate, a prominent player in the AI-native infrastructure space, has secured significant enterprise-level funding, with its total funding reaching $50M. The company recently announced a major strategic investment of $50M, underscoring its pivotal role in advancing machine learning technologies. This latest capital infusion is expected to accelerate Weaviate's development and market expansion.

What is Weaviate?

Weaviate
SoftwareDatabase & File Management Software

Weaviate is the developer of the widely adopted Weaviate open-source vector database. In an era where AI innovation is increasingly driven by machine learning-generated embedding vectors, Weaviate's vector database has become an essential component of modern AI-native infrastructure. The platform is designed to efficiently store, index, and search these complex data vectors, enabling developers and data scientists to build powerful AI applications.

How much funding has Weaviate raised?

Weaviate has raised a total of $50M across 1 funding round:

2023

Series B

$50M

Series B (2023): $50M with participation from Battery Ventures, Nea, Zetta Venture Partners, and Index Ventures

Key Investors in Weaviate

Battery Ventures

Battery Ventures is a venture capital firm that partners with exceptional founders and management teams in software and services, enterprise infrastructure, online marketplaces, healthcare IT, and industrial technology. They invest globally across all stages, from seed to buyout.

Zetta Venture Partners

Zetta Venture Partners is a venture capital firm focused on providing early-stage capital and hands-on support to AI-native startups, specifically targeting builders of AI applications, infrastructure, and developer tools.

Index Ventures

Index Ventures is a global venture firm that invests in entrepreneurs from seed to IPO, backing companies that challenge the status quo. Their portfolio includes notable tech companies like Datadog, Discord, and Robinhood.

What's next for Weaviate?

With its recent Series B financing, Weaviate is well-positioned for its next phase of growth. The company's focus on providing a robust and scalable vector database solution addresses a critical need in the rapidly evolving AI landscape. This strategic investment will likely fuel further product development, enhance its open-source community engagement, and expand its global market reach. Weaviate's trajectory suggests a continued emphasis on empowering AI development through advanced data management capabilities.

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Frequently Asked Questions Regarding Weaviate Financial Insights

What are the most recent funding rounds that Weaviate has completed, and what were the funding rounds?
Weaviate has recently completed 1 funding rounds: Series B on Apr 21, 2023.
What is the total amount of funding Weaviate has raised to date?
Weaviate has raised a total of $50M in funding to date.
How many funding rounds has Weaviate completed?
Weaviate has completed 1 funding rounds.
How much funding did Weaviate raise in its most recent funding round?
Weaviate raised $50M in its most recent funding round.
Who are the lead investors in Weaviate's latest funding round?
The lead investor in Weaviate's latest funding round was Battery Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Weaviate's history?
The largest funding round in Weaviate's history was $50M.
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