Polish database disruptor Oxla has raised a €10.15 million seed round to redefine high-volume analytical data processing.
The funding will be used for commercialization and product development, with the goal of targeting market share from existing leaders and addressing underserved segments in data warehousing.
Oxla offers a high-performance distributed analytical database designed for large-scale data processing, with faster query execution speeds and lower costs compared to competitors like Snowflake, Databricks, or ClickHouse.
With the successful funding round, Oxla has transitioned from a Polish domicile to US legal incorporation in Delaware to strengthen its international presence and facilitate further growth.