Vesiro has raised seed funding to scale its Elasticsearch plug-in, which improves search performance in large data environments, helping organisations reduce server usage, energy consumption, and operating costs.
Gothenburg-based Vesiro, a spinout from Chalmers University, has raised €1.6 million in a seed funding round. The round was backed by Chalmers Ventures, Industrifonden, Länsförsäkringar Göteborg & Bohuslän, Yuncture, First Gate Invest, E14 Invest, Mach One, and a group of angel investors including Stefan Mahlstein, Staffan Truvé, Jan Sparud, Petter Eriksson, and Magnus Lundgren.
The funding comes as global data generation continues to grow rapidly, increasing demand on servers and data centres, which are already significant and rising consumers of energy. In 2021, data centres accounted for around one per cent of global energy use, a share expected to increase substantially by the end of the decade.
Against this backdrop, Vesiro develops a performance-focused plug-in for Elasticsearch designed to improve search efficiency in large-scale data environments. The software targets organisations operating extensive Elasticsearch clusters, enabling them to process large datasets more efficiently while reducing server requirements and associated energy consumption.
According to internal benchmarks and pilot deployments, the plug-in can significantly improve search performance, allowing customers to achieve the same workloads with fewer servers.
Data volumes are growing faster than today’s infrastructure can handle, and our technology makes it possible to analyse large datasets using far fewer servers. This lowers costs while also reducing energy consumption,
said Oskar Hagman, co-founder and CEO of Vesiro.
The solution is intended for organisations with substantial server costs linked to Elasticsearch use cases, including business intelligence, e-commerce, and AI. By improving performance without requiring changes to existing systems, the plug-in allows companies to maintain service levels while lowering operating costs and energy use.
The funding will be used primarily to expand Vesiro’s technical team and to accelerate product development and market rollout.