Stockholm-based Grafbase, a data platform for developers, announced on Tuesday that it has raised €5M in Seed round funding.
With this round, the company has now secured $7.3M (approximately €7.39M) in total funding.
The round was led by US-based Next47, a VC firm that invests in category-defining B2B companies.
The round also saw participation from Alven, Uncorrelated Ventures, and a group of renowned angel investors, including Vercel CEO Guillermo Rauch, Datadog CEO Olivier Pomel, GitHub ex-CEO Nat Friedman, Netlify CEO Mathias Biilmann Christensen, and Cockroach Labs CEO Spencer Kimball, among others.
Grafbase says it will use the funds to accelerate its product development and double the size of its team.
The company, which is remote-first, is distributed across Europe and the US, and is available for developers now
Founded in 2021 by Fredrik Björk, Grafbase is a data platform for developers that accelerates backend deployment via serverless GraphQL APIs.
The platform enables developers to go from idea to production in seconds without spending time on infrastructure.
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