CompaniesInvestorsPeople
Home
Loading

aVenture is in Beta: research coverage is expanding as we build, so please independently verify key details before making investment decisions.

aVenture is in Beta: research coverage is expanding as we build, so please independently verify key details before making investment decisions.

Get in Touch

  • Contact

  • Request a Demo

  • Request Data Updates

  • Add a Company

Research

  • Companies

  • Investors

  • People

aVenture

  • Download App

  • Pricing

Download the aVenture Research beta for iOS and iPadOSDownload aVenture Research on the Mac App Store

Resources

  • Documentation

  • Use Cases

  • CLI

  • MCP

  • Feature Requests

  • Sitemap

Member

Backed by

Ask AI about aVenture

© aVenture Investment Company, 2026. All rights reserved.

San Francisco, CA, USA

Privacy · Terms of Service

aVenture Investment Company ("aVenture") is an independent research platform providing detailed analysis and data on startups, venture capital investments, and key industry individuals. It is not a registered investment adviser, broker-dealer, or investment advisor and does not provide investment advice or recommendations. The data provided by aVenture does not constitute recommendations or advice, whether by methodology, analysis, AI-generated content, or a statement written by a staff member of aVenture.

aVenture is not affiliated with any of the people, companies, organizations, government agencies, regulatory bodies, or investment funds we provide coverage for on this site unless explicitly stated otherwise. Users assume full responsibility for decisions made based on information obtained from this platform. Links to external websites do not imply endorsement or affiliation with aVenture. Any links that provide the ability to invest in a primary or secondary transaction in a company are for convenience only and do not constitute solicitations or offers to buy or sell an investment. Investors should exercise heightened precaution and due diligence when investing in private companies, especially those not independently audited.

While we strive to provide valuable insights with objectivity and professional diligence, we cannot guarantee the accuracy of the information provided on our platform. Before making any investment decisions, you should verify the accuracy of all pertinent details for your decision. To the fullest extent permitted by law, aVenture shall not be liable for any direct, indirect, incidental, consequential, or financial damages arising from use of this site, whether by consumers of its contents directly or by persons or organizations covered by our research, even if we are advised of the possibility. Our best-efforts processes and correction request forms do not create a warranty or duty of care.

Profiles on this platform may include content generated in part by large language models (LLMs, artificial intelligence) that aggregate publicly available sources (e.g., SEC EDGAR, public filings, press releases). Source attribution is provided where known; always verify statements and claims here against original sources before relying on any data. Content on our site may contain inaccuracies, omissions, or what are commonly called 'hallucinations' if generated in part or in full by AI / LLMs. The risk can also exist even when content is written by a human, as internal and third-party sources may also have inaccuracies for the same or different reasons. While we randomly audit a proportion of content, this is not exhaustive.

We recommend that an independent auditor be hired to verify the accuracy of the information before relying on it for any sensitive decisions. By accessing this platform, you agree not to rely solely on any information generated by AI, aggregated, or sourced or written otherwise on this site, for investment, financial, or other decisions. aVenture assumes no responsibility for inaccuracies, omissions, or hallucinations. You must independently verify all data from primary sources. Use of this platform constitutes your waiver of claims for reliance-based damages, including negligent misrepresentation. To report an error, request a correction, or dispute information about a company or individual, contact us via our request data updates form.

Loading
Loading
Home
News
LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

From TechCrunch

By David Riggs

May 15, 2024

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI

Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in the AI space, he quickly ran into problems with traditional data infrastructure — problems that prevented him from bringing AI models into production.

“Machine learning engineers and AI researchers are often stuck with a subpar development experience,” She told TechCrunch in an interview. “Data infra companies don’t really understand the problem for machine learning data at a fundamental level.”

So Chang — who’s one of the co-creators of Pandas, the wildly popular Python data science library — teamed up with software engineer Lei Xu to co-launch LanceDB.

LanceDB is building the eponymous open source database software LanceDB, which is designed to support multimodal AI models — models that train on and generate images, videos and more in addition to text. Backed by Y Combinator, LanceDB this month raised $8 million in a seed funding round led by CRV, Essence VC and Swift Ventures, bringing its total raised to $11 million.

“If multimodal AI is critical to the future success of your company, you want your very expensive AI team to focus on the model and bridging the AI with business value,” Chang said. “Unfortunately, today, AI teams are spending most of their time dealing with low-level data infrastructure details. LanceDB provides the foundation AI teams need so they can be free to focus on what really matters for enterprise value and bring AI products to market much faster than otherwise possible.”

LanceDB is essentially a vector database — a database containing series of numbers (“vectors”) that encode the meaning of unstructured data (e.g. images, text and so on).

As my colleague Paul Sawers recently wrote, vector databases are having a moment as the AI hype cycle peaks. That’s because they’re useful for all manner of AI applications, from content recommendations in ecommerce and social media platforms to reducing hallucinations.

The vector database competition is fierce — see Qdrant, Vespa, Weaviate, Pinecone and Chroma to name a few vendors (not counting the Big Tech incumbents). So what makes LanceDB unique? Better flexibility, performance and scalability, according to Chang.

For one, Chang says, LanceDB — which is built on top of Apache Arrow — is powered by a custom data format, Lance Format, that’s optimized for multimodal AI training and analytics. Lance Format enables LanceDB to handle up to billions of vectors and petabytes of text, images and videos, and to allow engineers to manage various forms of metadata associated with that data.

“Until now, there’s never been a system that can unite training, exploration, search and large-scale data processing,” Chang said. “Lance Format allows AI researchers and engineers to have a single source of truth and get lightning-fast performance across their entire AI pipeline. It’s not just about storing vectors.”

LanceDB makes money by selling fully managed versions of its open source software with added features such as hardware acceleration and governance controls — and business appears to be going strong. The company’s customer list includes text-to-image platform Midjourney, chatbot unicorn Character.ai, autonomous car startup WeRide and Airtable.

Chang insisted that LanceDB’s recent VC backing wouldn’t shift its attention away from the open source project, though, which he says is now seeing around 600,000 downloads per month.

“We wanted to create something that would make it 10x easier for AI teams working with large-scale multimodal data,” he said. “LanceDB offers — and will continue to offer — a very rich set of ecosystem integrations to minimize adoption effort.”

Most Recent

Disney agrees to hire the majority of Character.AI’s workforce

After chatbot startup Character.AI filed for bankruptcy earlier this week, many of its employees will have the opportunity to take jobs at Disney.

Oct 18, 2026

Elorian’s first AI model wants to reason with images, not just about them

According to Elorian's evaluations, Glimpse outperforms even GPT-6 Astra on scientific chart reasoning and short-form video captioning, with competitive results on other visual reasoning tasks.

Oct 16, 2026

Tressfecta wants to make hair braiding a less arduous task for hairstylists

Tressfecta builds products for textured hair. Its first project is a tool called Plait Pilot that helps braiders with the initial process of separating hair from packs before braiding begins.

Oct 16, 2026

Veritas expands its anti-counterfeit chip to jewelry, trophies, and fragrance bottles

Counterfeiters are getting better at replicating brands' marks and passing off dupes, known as "superfakes," as genuine items. A startup called Veritas wants to tackle the problem with its own chip that verifies goods.

Oct 16, 2026

Similar Posts

Illumex is using GenAI to ease pain of getting good data into LLMs

By now we know how crucial it is to have quality data for use by large language models (LLMs), but getting data ready for the models has been an early challenge for companies, an opening that represents an opportunity for an enterprising entrepreneur. Enter Illumex, a two year old Israeli startup from the former VP […]

Jun 27, 2024

Software engineers' new job isn't writing code — it's designing the boundaries AI agents can't break

If you look at the commit histories of modern data platforms, something profound has shifted over the last two years. The friction of writing syntax has collapsed. With Cursor, Claude Code, and agentic workflows now living inside our Docker containers and IDEs, generating the first implementation of

Aug 31, 2026

BentoML scores $9M funding to expedite AI app development

The success of large language models like GPT has sparked a frenzy of developers eager to make AI-powered applications. But building AI services can be tricky, especially due to the shortage of skilled developers to meet the rising demand these days. That’s where Chaoyu Yang, an early software engineer at the data mega-unicorn Databricks, comes […]

Jun 26, 2023

Conduktor looks to gatekeep ‘bad data’ out of company’s apps

It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their data operations,” Orban told TechCrunch. “And they were struggling to tap the full potential of their data, leaving vast amounts unused

Nov 12, 2024