PhoenixAI Raises $80M Series B

PhoenixAI, a Menlo Park, California-based company that provides an AI-native database for autonomous agents, has raised $80 million in a Series B funding round. The investment will support the development of its database infrastructure, the expansion of its go-to-market strategy, and the enhancement of governance features for enterprise customers in regulated industries.

Investors

The funding round was led by Sky9 Capital, a global venture firm with a focus on AI and deep tech. Additional participants included Atypical Ventures and Olive Technology Ventures, as well as existing investors from previous rounds.

PhoenixAI Use of Funds

PhoenixAI intends to use the capital to accelerate the development of its AI-native database technology, scale its go-to-market initiatives, and build out deeper governance and security capabilities tailored for enterprises operating in regulated sectors.

About PhoenixAI

PhoenixAI, formerly known as CelerData, is an infrastructure company that provides the Agentic AI Database. The platform is designed to provide autonomous AI agents with sub-second access to live and historical enterprise data at scale, unifying real-time and at-rest data into a single engine. The company is headquartered in Menlo Park, California.

Funding Details

Company Website: https://phoenixdata.ai

Company: PhoenixAI
Raised: $80M
Round: Series B
Funding Date: June 11, 2026
Lead Investor: Sky9 Capital
Additional Investors: Atypical Ventures, Olive Technology Ventures
Company Website: https://www.phoenixdata.ai/
Software Category: Artificial Intelligence Database
Source: https://www.prnewswire.com/news-releases/phoenixai-raises-80m-series-b-led-by-sky9-capital-to-power-the-agentic-ai-database-302797544.html