DBtune, a Swedish AI-based database optimization startup, raised €2.4m in seed funding.
The round was led by 42Cap with participation from Axeleo Capital (France), Tiny Supercomputer Investment Company (UK/Germany), Exxeta Ventures (Germany), JVH Ventures (Germany), as well as angel investors Kingston Duffie (US), Martin Hell (Sweden) and Peter Zaitsev (US).
Led by Dr. Luigi Nardi, Founder & CEO, DBtune is an AI-powered database tuning service in the cloud or on premises. It tunes the configuration parameters of database management, affecting the way the data flows through the application and the interaction between the underlying hardware, and the interaction between RAM, CPU, and disk. This enables customers to reduce their computing resource requirements, save on cloud credits, and reduce their CO2 impact, supporting their environmental, social, and governance (ESG) goals.
DBtune is a spin-off from Stanford University and Lund University.
FinSMEs
03/08/2023