The round was led by Sky9 Capital, with participation from Atypical Ventures and Olive Technology Ventures, and previous investors. The round will accelerate development of the company's AI-native database, expand its go-to-market initiatives, and deepen governance for regulated industries.

PhoenixAI is the Agentic AI Database, purpose-built to give autonomous AI agents sub-second access to live enterprise data at massive scale. The platform unifies real-time and at-rest data in a single AI-native engine, combining the speed and concurrency that agentic workloads demand with the governance and deployment flexibility enterprises require to put AI into production.