Chroma raises $18M seed round

Chroma, an AI-native open-source embeddings database, has secured an $18 million seed round led by Astasia Myers from Quiet Capital, with participation from notable angels and leaders across tech industries. This follows a pre-seed round from May 2022 led by Anthony Goldbloom from AIX Ventures and others. The platform enables developers to incorporate state and memory into AI applications, facilitating the integration of long-term memory in large language models (LLMs) and reducing hallucinations by plugging in relevant data and tools. Chroma offers comprehensive features for storing, embedding, and querying data, with future enhancements like automatic clustering and query relevance in development. It has gained rapid traction, with over 35,000 Python downloads in just five weeks since launch, and is praised for its ease of use and scalability, akin to SQLite, making it a recommended choice for flexible, scalable solutions with commercial support potential.

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