SurrealDB, a multi-model AI-native database company, has secured a new investment of $23m (£17m), welcoming new investors to its cap table.
The company was founded to update database systems to meet the requirements of modern AI systems.
Its latest iteration, SurrealDB 3.0 is designed to unify multiple data models into a single solution. Combining relational, document, graph, time-series, vector, search, geospatial and key-value data types with real-time capabilities.
“This fresh investment demonstrates a growing level of excitement for our category-defining, developer-friendly database,” commented SurrealDB chief executive Tobie Morgan Hitchcock.
The new investment came from Chalfen Ventures and Begin Capital, which join existing investors FirstMark and Georgian in the round.
“Every compute era requires a new database paradigm. We are in the AI era, but most ambitious enterprise AI projects stall,” said Chalfen Ventures founder Mike Chalfen, who will join SurrealDB as a director.
“They need a data platform that makes unprecedentedly large-scale contextual information available to agentic systems, in a way that is synchronised across data sources, fast, and secure. SurrealDB is that platform. It meets the needs of both AI agents and enterprise data governance.”
The new Series A extension funding comes less than two years after the company raised £14.8m.
