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Based in Malmö, Sweden, DBtune develops artificial intelligence and machine learning software designed to automate database performance tuning for enterprise customers. The organization provides both cloud and on-premises SaaS solutions that continuously optimize system configurations for PostgreSQL databases to reduce cloud infrastructure spending and improve query speeds without requiring manual administrative intervention. Operating with a core team of approximately 14 engineers, researchers, and technical advisors, the enterprise originally spun out of academic machine learning research that was conducted at Stanford University. DBtune secured €2.4 million in seed funding in August 2023 through a financing round led by European venture capital firm 42Cap, alongside participation from prominent industry angel investors such as Peter Zaitsev and Kingston Duffie. The autonomous database management company was officially founded in 2020 by founder and chief executive officer Dr. Luigi Nardi.
DBtune has raised $2.6M across 1 funding round.
DBtune has raised $2.6M in total across 1 funding round.
DBtune has raised $2.6M across 1 funding round. Most recently, it raised $2.6M Seed in August 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 3, 2023 | $2.6M Seed | 42CAP | Kingston Duffie, Martin Hell, Peter Zaitsev, Axeleo Capital, Exxeta Ventures, JVH Ventures, Tiny VC | Announced |
DBtune has raised $2.6M in total across 1 funding round.
DBtune's investors include 42CAP, Kingston Duffie, Martin Hell, Peter Zaitsev, Axeleo Capital, Exxeta Ventures, JVH Ventures, Tiny VC.
