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PhoenixAI raises $80M in Series B funding led by Sky9 Capital to enhance its Agentic AI Database and support growth initiatives.

PRIVATEJun 11, 2026about 2 months ago

Amount Raised

$80 Million

Round Type

Series B

CaliforniaSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingBig Data

Investors

Olive Technology VenturesAtypical VenturesSky9 Capital

Description

PhoenixAI, the Agentic AI Database, announced an $80 million Series B funding round led by Sky9 Capital, with participation from Atypical Ventures and Olive Technology Ventures. The funds will accelerate the development of the company's AI-native database and expand its go-to-market initiatives. This investment addresses the growing enterprise demand for AI infrastructure. PhoenixAI aims to provide a faster and more efficient way to meet the unique querying needs of AI agents.

Company Information

Company

PhoenixAI

Location

California, United States

About

PhoenixAI is the Agentic AI Database, designed to give autonomous AI agents sub-second access to live enterprise data at massive scale. The AI-native engine unifies real-time and historical data, combining the speed and concurrency that agentic workloads demand with the governance and deployment flexibility enterprises require to put AI into production. Formerly known as CelerData, PhoenixAI reflects a fundamental shift in how enterprise data gets consumed.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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