MindsDB, a San Francisco, CA-based artificial intelligence virtual database enabling the creation of AI-centered applications, received an investment from NVentures, NVIDIA’s venture capital arm.
This brought total seed funding raised to $46.5m. The latest round included existing investors Benchmark, Mayfield, Y Combinator, OpenOcean and Walden Catalyst.
The company intends to use the funds to further expand operations and its business reach.
Founded in 2017 by Adam Carrigan (COO) and Jorge Torres (CEO), MindsDB enables developers to manage AI models from the most advanced ML frameworks including Hugging Face, Cohere, LangChain, Nixtla, and to plug them to data in platforms like Amazon Redshift, Google BigQuery, MySQL, Postgres, MongoDB and Snowflake to create their AI-centered applications.
On top of more than 150,000 open source deployments, MindsDB Pro Cloud is used by more than 100 emerging startups and small-to-medium sized businesses, including Bytes, Dumuso, JourneyFoods, Progressify, Precise Finance, Rize and more.
FinSMEs
08/08/2023