Oxla offers an analytical database engineered for large-scale data processing with a lean architecture that aims to maximise performance while minimising resource consumption. The company claims query execution speeds up to ten times faster and up to 85% lower costs versus Snowflake, Databricks, and ClickHouse. Developed in stealth since 2020, the product targets data-intensive workloads across IoT, industrial applications, e-commerce, and cybersecurity. Oxla is a 49-person team led by founder/CTO Adam Szymański and co-founder/CEO Kacper Szcześniak and holds three granted patents with three more pending related to query-engine data flow and dynamic execution. The company says it will scale performance toward handling tens of petabytes and hundreds of thousands of queries per second. Oxla has transitioned from a Polish domicile to US legal incorporation in Delaware and plans to build a broader data platform by integrating existing analytics solutions and launching additional products. The newly raised funds will be used to drive commercialisation and further product development.

Total raised

$11M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2024