LanceDB
LanceDB is an open-source database designed for multimodal AI applications, co-founded by industry experts Chang She and Lei Xu in 2022. The company aims to modernize the foundational data layer for AI, providing capabilities that surpass previous generations of data infrastructure. With a commitment to open source, LanceDB offers a free version while also providing cloud and enterprise solutions for teams with large datasets. The team has extensive experience in building large-scale data infrastructure and is dedicated to fostering a strong community around their technology.
LanceDB
LanceDB is an open-source database designed for multimodal AI applications, co-founded by industry experts Chang She and Lei Xu in 2022. The company aims to modernize the foundational data layer for AI, providing capabilities that surpass previous generations of data infrastructure. With a commitment to open source, LanceDB offers a free version while also providing cloud and enterprise solutions for teams with large datasets. The team has extensive experience in building large-scale data infrastructure and is dedicated to fostering a strong community around their technology.
TL;DR
What they do: Open-source multimodal lakehouse and vector database for large-scale AI workloads
Founded / HQ: Launched 2022; headquartered in San Francisco
Founders: Chang She (CEO) and Lei Xu (CTO)
Funding: Series A $30M (Jun 24, 2025); total funding reported ~$41M
Team size: ~24 employees
Company Overview
Problem Domain
Data infrastructure for multimodal and generative AI applications (vector search, retrieval-augmented generation, model training pipelines).
Founded
2022
Industry
Databases / AI infrastructure
Tech Stack
Funding Track Record
Seed round mentioned as led by CRV (May 2024 / June 2024 announcement)
30000000.00
Series A announced June 24, 2025 with participation from CRV, Databricks Ventures, Y Combinator, Runway, Zero Prime, and Swift Ventures
Investor Signal
“Investors include Theory Ventures (lead, Series A), CRV, Databricks Ventures, Y Combinator, Runway, Zero Prime, and Swift Ventures”