MindsDB, an artificial intelligence virtual database enabling the creation of the next wave of AI-centered applications, announced it has received an investment from NVentures, NVIDIA's venture capital arm, bringing total seed funding raised to $46.5 million.
The latest round—which includes existing investors Benchmark, Mayfield, Y Combinator, OpenOcean, and Walden Catalyst—will further advance MindsDB's mission, making AI more accessible to all businesses by enabling the world's 30 million software developers to implement AI capabilities in their products.
"Today, there are close to 30 million software developers around the world, but only less than five percent are proficient AI/ML engineers," said Jorge Torres, co-founder and CEO of MindsDB. "However, the world is facing a new transformation where most software that you know today will need to be upgraded with an AI-centric approach. To accomplish this, every developer worldwide, regardless of their AI knowledge, should be capable of producing, managing, and plugging AI models to existing software infrastructure. This is the exact issue that our AI database resolves."
MindsDB has more than 130 integrations and 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.
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, helping companies like Bytes, Dumuso, JourneyFoods, Progressify, Precise Finance, Rize, and more, to improve their products and internal operations, according to the company.
For more information about this news, visit www.mindsdb.com.