← Latest venture news

SurrealDB secures a £17m Series A extension led by Chalfen Ventures and Begin Capital for its multi-model database for AI

🔎
SurrealDB
🧑
Tobie Morgan Hitchcock; Jaime Morgan Hitchcock
💰
£17m
🌎
London, United Kingdom
Feb 17, 2026

SurrealDB has secured an additional £17 million in Series A funding, bringing SurrealDB’s total investment to-date, including seed funding, to £32 million. Chalfen Ventures and Begin Capital joined existing investors FirstMark and Georgian in the Series A extension, bringing the series total to £28 million. Mike Chalfen of Chalfen Ventures will join SurrealDB as a Director.

The funding extension comes as SurrealDB 3.0 is released under General Availability as a new version of its database. AI agents require a unified view of state including semantic context, structured facts and durable memory, but can struggle to remember facts consistently, understand relationships and maintain context and memory when data size and complexity grows.

SurrealDB 3.0 enables agent memory and context graphs inside the database so models run next to the data, context stays synchronised and agent logic remains simple.

Built in Rust, SurrealDB 3.0 unifies multiple data models into a single system, combining relational, document, graph, time-series, vector, search, geospatial and key-value data types with real-time capabilities. Using multiple databases and API layers can reduce speed and increase complexity and cost, which can prevent AI agents from having the right data, context or memory to generate relevant outcomes.

The new funding will support product maturity and adoption, including improvements to reliability, performance, security, cloud capabilities and enterprise readiness. SurrealDB will also expand its team to scale its cloud offering and support production deployments.

This fresh investment demonstrates a growing level of excitement for our category-defining, developer-friendly database. Chalfen Ventures and Begin Capital have joined this round due to our strong momentum in real-world usage, and clear path to large-scale production.
Tobie Morgan Hitchcock, Co-founder & CEO
Every compute era requires a new database paradigm. We are in the AI era, but most ambitious enterprise AI projects stall. They need a data platform that makes unprecedentedly large-scale contextual information available to agentic systems, in a way that is synchronised across data sources, fast, and secure. SurrealDB is that platform. It meets the needs of both AI agents and enterprise data governance. It is the best on-ramp for companies looking to get native AI initiatives off the ground, and I believe that it can shape what it means for a business to be agent-ready.
Mike Chalfen, Founder at Chalfen Ventures
POWERED BY