GreenGate Partners advises Qdrant on Series B for USD 50 million

Munich, March 13, 2026 — The Berlin-based tech­no­logy company Qdrant has raised USD 50 million in a Series B finan­cing round. Qdrant intends to use the fresh capi­tal to acce­le­rate the further deve­lo­p­ment of its tech­no­logy plat­form and drive its inter­na­tio­nal expan­sion. The commer­cial law firm Green­Gate Part­ners advi­sed Qdrant on this transaction. 

Qdrant is deve­lo­ping a powerful open source vector data­base for arti­fi­cial intel­li­gence (AI) appli­ca­ti­ons. The tech­no­logy enables compa­nies to effi­ci­ently manage large amounts of unstruc­tu­red data — inclu­ding text, images, audio and video — and search it in the form of high-dimen­­sio­nal vector embeddings. 

In recent years, vector data­ba­ses have become a central infra­struc­ture compo­nent of modern AI appli­ca­ti­ons. They form the basis for nume­rous areas of appli­ca­tion, inclu­ding seman­tic search, recom­men­da­tion systems, anomaly detec­tion and retrie­val augmen­ted gene­ra­tion (RAG).

The funds from the finan­cing round will be inves­ted in parti­cu­lar in the further deve­lo­p­ment of the plat­form, the expan­sion of the engi­nee­ring and product teams and the global distri­bu­tion of Qdran­t’s vector search infra­struc­ture. This will further posi­tion the company as an important buil­ding block in the rapidly growing global AI tech­no­logy ecosystem. 

Advi­sor Qdrant: Green­Gate Partners

René Spitz, LL.M., photo © Green­gate (Corpo­rate, Lead Part­ner, Munich)
Ricarda Neukam, LL.M. (IT/IP, Salary Part­ner, Munich)
Constan­tin Forst­ner (Corpo­rate, Senior Asso­ciate, Munich)
Carl von Sydow (Corpo­rate, Asso­ciate, Munich) 

About Green­Gate Partners

Green­Gate Part­ners and its corpo­rate team specia­lize in the M&A and venture capi­tal sector, among others. The legal advice is compre­hen­sive and ranges from the foun­da­tion, through the indi­vi­dual finan­cing rounds, to the exit. Green­Gate Part­ners repea­tedly provi­des bench­marks in the German market. The firm advi­ses dome­stic and foreign venture capi­tal funds, stra­te­gic inves­tors, busi­ness angels as well as foun­ders, start-ups and
mana­gers. — www.greengate.legal