The Money TrailJune 11, 2026via SiliconAngle
PhoenixAI raises $80M to drive the development of agentic AI-ready database technology
Why it matters
As AI agents move from chatbots to autonomous workflows, the infrastructure beneath them matters more than the models on top. PhoenixAI's positioning in 'AI-native databases' signals investor conviction that agent-ready data systems are the next critical build-out phase.
Key signals
- Series B: $80M funding round
- Led by Sky9 Capital
- Co-investors: Atypical Ventures, Olive Technology Ventures, previous investors
- Company formerly known as CelerData
- Focus: AI-native database + governance for regulated industries
- Strategic timing: framed as response to agentic AI shift
The hook
$80M. PhoenixAI (formerly CelerData) just closed Series B to build the database layer agentic AI actually needs.
PhoenixAI Inc., formerly known as CelerData, today announced it raised $80 million in new funding to fuel the development of the company’s artificial intelligence-native database and expand governance for regulated industries. Sky9 Capital led the Series B round, with participation from Atypical Ventures and Olive Technology Ventures, and previous investors. As agentic AI has shifted […]