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KineDB has completed an €850,000 pre-seed funding round led by Superhero Capital, with participation from NGL Ventures and several angel investors. The company, founded by Axel Löwenhoff and Allan Zimmermann, is developing a universal database engine that uses a single system to simultaneously support local application operation and backend cloud infrastructure, eliminating the need to deploy separate systems for offline and online data. It initially focuses on scenarios with unstable networks such as underground mining, and the funds from this round will be used for product development and for hiring engineers in databases, storage systems, and query engines.
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KineDB raises €850K pre-seed funding to build a database engine that works both in the cloud and offlineDevelopments
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- Source:Tech.eu
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Oct 29
Tech.eu
KineDB raises €850K pre-seed funding to build a database engine that works both in the cloud and offline
KineDB has completed an €850K pre-seed funding round led by Superhero Capital, with participation from NGL Ventures and several angel investors. Founded by Axel Löwenhoff and Allan Zimmermann, the company is developing a universal database engine that uses a single system to simultaneously support applications running locally and backend cloud infrastructure, eliminating the need to deploy separate systems for offline and online data. It initially focuses on scenarios with unstable networks such as underground mining, and the funding will be used for product development and to hire engineers for databases, storage systems, and query engines.