London-based SurrealDB raises additional €19 million to scale multi-model database for AI applications
London-based SurrealDB has successfully raised an additional €19 million in Series A funding, bolstering its total investment to €37 million. This significant influx of capital underscores the growing investor confidence in AI-native infrastructure and developer-focused database solutions. The funding round was supported by new investors Chalfen Ventures and Begin Capital, alongside existing backers, highlighting SurrealDB's strong momentum and clear path towards large-scale production deployment. SurrealDB's multi-model, AI-native database aims to simplify development for complex applications, particularly those leveraging artificial intelligence. This investment aligns with a broader European trend of substantial funding flowing into AI infrastructure, agent platforms, and specialized developer tooling. The company's success reflects the increasing demand for innovative solutions that can efficiently handle the data demands of modern AI applications and contribute to Europe's digital sovereignty in this critical sector. The substantial investment in SurrealDB mirrors a broader surge in European AI startups. Companies like UK's Nscale, which secured nearly €1 billion for AI cloud infrastructure, and Germany's Blockbrain, raising €17.5 million for enterprise AI agents, demonstrate a robust ecosystem. This collective €1.27 billion in disclosed funding across the AI sector signals Europe's commitment to building advanced digital capabilities and fostering homegrown technological innovation.
Curated and translated by Europe Digital for our multilingual European audience.
Source Information
European Alternatives You Might Like
Mangopay
Mangopay is a payment infrastructure provider specializing in payments for marketplaces and platforms. It offers virtual wallet technology for managing funds, enabling features such as split payments, multi-currency support, and KYC/AML compliance. Key functionalities include automated payouts, transaction monitoring, and customizable payment flows. This service is primarily aimed at businesses that manage marketplaces, crowdfunding platforms, and sharing economy models and require complex payment solutions. Mangopay distinguishes itself by offering a flexible and scalable payment solution specifically designed for platform-based business models, allowing them to control cash flows and streamline payment processes.
Scaleway
Scaleway is a European cloud computing provider offering a range of services, including servers, storage, and networking solutions. Key features include bare metal servers, virtual machines, object storage, and managed Kubernetes. It's suitable for developers, startups, and businesses seeking cloud infrastructure for web applications, data storage, and various other workloads. Scaleway distinguishes itself through competitive pricing and a focus on European data sovereignty, with data centers in France and the Netherlands.