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Vesiro

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uuid0003cu6

Namestring
Vesiro
Legal namestring
Vesiro AB
Websiteurl
vesiro.com
Company typeenum
Private
Founded yearint
2022
Descriptiontext

Vesiro AB is a Gothenburg-based software company spun out of Chalmers University of Technology in 2022 that builds a performance-enhancing plugin for Elasticsearch and OpenSearch deployments. The plugin installs via Elasticsearch's official plugin framework in minutes and requires no application code changes, no re-indexing, and no replacement of existing clients, SDKs, or dashboards (including Kibana). Internal benchmarks and third-party validation by RISE Research Institutes of Sweden indicate up to ~2–3x faster search performance, up to ~47% faster search times, and up to ~50% fewer servers required for equivalent workloads, which translates into up to ~46% reduction in server energy consumption. The underlying technology is covered by filed-pending patents on proprietary search optimization algorithms with stated applicability to AI-driven environments.

The company targets organizations operating large-scale Elasticsearch or OpenSearch clusters — including use cases in e-commerce, business intelligence, and AI data retrieval — that face rising infrastructure and energy costs. Its go-to-market combines a product-led motion (live benchmark on the website, downloadable plugin, self-serve install) with a sales-assisted enterprise motion gated behind a "Book a Demo" call-to-action, with pricing described as quote-based and aligned to cluster scale on an annual cadence. Revenue is generated through subscription/recurring licensing of the plugin; the company is currently at the early customer pilot stage with no disclosed production logos.

Vesiro has raised approximately $3.2M cumulatively, including a €1.6M / $1.9M seed round in February 2026 co-led by Chalmers Ventures and Industrifonden. The company is led by CEO & co-founder Oskar Hagman and co-founder & COO Oscar Widén, and has received recognition including the Techarena 2025 TOP46 Pitch Competition win, Forbes 30 Under 30 Europe (Widén), Breakit's "56 Hottest Startups in Sweden 2024," and a Vinnova grant to extend its search technology into AI applications.

Short descriptiontext

Vesiro is a Gothenburg-based Chalmers spinout that builds a performance-enhancing Elasticsearch and OpenSearch plugin delivering faster search and up to 50% server reduction. It targets enterprises with large search clusters via annual licensing and a hybrid PLG-plus-sales motion.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersGöteborg, Sweden
HQ citystring
Göteborg
HQ countrystring
Sweden
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
Elasticsearch performance plugin, search infrastructure optimization, OpenSearch acceleration software, database performance tuning, server cost reduction
Industry1 code
1Search Engines
CodeBPAMAAABPrimaryYes
NAICS code1 code
  • Custom Computer Programming Services541511
SIC code1 code
  • Services-Prepackaged Software7372
Product category
Search Infrastructure Software
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Elasticsearch Plugin Licensing
TypeSubscription Recurring
Description

Vesiro generates revenue through licensing its performance-enhancing plugin for Elasticsearch deployments. The plugin is sold as a software add-on that organizations with large Elasticsearch clusters can install to reduce infrastructure costs and energy consumption. Revenue model appears to be subscription or usage-based pricing based on cluster size or search volume.

vesiro.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Enterprise pricing based on infrastructure scale
ModelOtherBilling cadenceAnnual
Notes

No public pricing tiers listed. Sales process begins with booking a personalized demo walkthrough. Pricing likely varies based on cluster size, search volume, and deployment scale.

vesiro.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Vesiro develops and sells a performance-enhancing plugin for Elasticsearch and OpenSearch that installs directly on existing search cluster instances. The plugin delivers up to 2x–3x faster search throughput while reducing required server infrastructure by up to 50%, requiring no application code changes, no re-indexing, and no migration. It is sold as a licensed add-on deployed on customer infrastructure.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Up to 3x faster search performance in Elasticsearch clusters
+3 more records
Product overview1 text field

Vesiro offers a single unified core product: the Vesiro Elasticsearch Plugin. This plugin is a performance-enhancing add-on for Elasticsearch and OpenSearch that increases search throughput, allowing organizations to achieve the same search workloads using significantly fewer servers. The product is deployed directly within existing Elasticsearch/OpenSearch instances using the official plugin framework, requiring no application code changes, no re-indexing, and maintaining compatibility with existing queries, data mappings, tooling, dashboards (Kibana), and security configurations. The technology is designed to address rising data center energy consumption and infrastructure costs for organizations operating large-scale search and analytics environments.

Product and service1 record
1Vesiro Elasticsearch Plugin
CategorySearch Infrastructure Software
Description

A performance-enhancing plugin for Elasticsearch and OpenSearch that increases search throughput, enabling organizations to run the same workloads with fewer servers. Installs in minutes via the official Elasticsearch plugin framework, requires no app code changes, no re-indexing, and preserves compatibility with existing queries, mappings, dashboards (Kibana), clients, SDKs, auth, and TLS configurations. Targets organizations operating large-scale search and analytics clusters.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-03
Description

RISE validated Vesiro's software prototype in a project funded by the Swedish Energy Agency (Energimyndigheten). Testing at RISE's Ice datacenter confirmed up to 46% energy savings and up to 47% faster search performance.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-07-08
Description

Selected for the 2023 Norrsken Accelerator program, one of 20 companies chosen from over 2,500 applicants globally. The program provides 8 weeks of on-site support in Stockholm, access to Norrsken's impact ecosystem, and investment in each participating company.

Strategic tierMinorTypeOthers
Description

Listed as a supporter/organization that Vesiro works with, appearing in the 'With support from' section of the website.

4RISE
Strategic tierCoreTypeOthers
Description

Listed in 'With support from' section. RISE validated the energy-saving potential of Vesiro's software.

vesiro.com
Strategic tierCoreTypeOthers
Description

Listed in 'With support from' section. Vesiro was part of the Norrsken Accelerator 2023 cohort.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Elastic NV develops and distributes Elasticsearch, the platform that Vesiro's plugin directly enhances. Elastic is a broad incumbent in the search and observability space and could either compete with Vesiro natively or restrict its plugin framework.

TypeBroad incumbent
Description

OpenSearch (AWS/Linux Foundation) is the open-source fork of Elasticsearch that Vesiro explicitly supports. It is a broad incumbent offering an alternative search platform with overlapping developer mindshare and customer segments.

TypeEmerging player
Description

Quickwit is a Rust-based open-source search and analytics engine positioned on cost-efficient, cloud-native search performance. It overlaps with Vesiro's value proposition of faster, cheaper search infrastructure, particularly for log and observability workloads.

TypeEmerging player
Description

Typesense is an open-source typo-tolerant search engine optimized for speed and developer experience. It is comparable to Vesiro as a performance-focused search alternative targeting developers and product teams with low-latency retrieval needs.

TypeEmerging player
Description

Meilisearch is a lightweight, open-source search engine built around speed and ease of integration. It competes in the same end-user-facing search experience layer that Vesiro customers care about, albeit via replacement rather than plugin optimization.

TypeBroad incumbent
Description

Algolia is a SaaS search and discovery platform that delivers hosted, low-latency search as an API. It is a broad incumbent serving similar developer and product owner personas as Vesiro's customers, with a managed-service rather than self-hosted model.

TypeBroad incumbent
Description

Coveo is an enterprise search and generative AI relevance platform serving commerce, customer service, and workplace use cases. It is comparable to Vesiro as an enterprise-facing layer that monetizes AI-enhanced relevance on top of underlying search infrastructure.

TypeBroad incumbent
Description

Lucidworks builds enterprise search and product discovery solutions on top of open-source search engines including Solr and Elasticsearch. It is comparable to Vesiro as a higher-level relevance/optimization layer for large enterprise search deployments.

TypeEmerging player
Description

Rockset is a real-time search and analytics database built for low-latency queries on fresh data. It overlaps with Vesiro's positioning around faster, more cost-efficient search and is a potential alternative architecture for customers evaluating Elasticsearch optimization.

TypeBroad incumbent
Description

ClickHouse is a column-oriented real-time analytics database increasingly used for search and log analytics workloads that historically ran on Elasticsearch. It is a broader infrastructure incumbent competing for the same compute-and-cost-conscious workloads Vesiro targets.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors10 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Vesiro

Search Infrastructure Softwarevesiro.com

Vesiro is a Gothenburg-based Chalmers spinout that builds a performance-enhancing Elasticsearch and OpenSearch plugin delivering faster search and up to 50% server reduction. It targets enterprises with large search clusters via annual licensing and a hybrid PLG-plus-sales motion.

What Vesiro does

Vesiro AB is a Gothenburg-based software company spun out of Chalmers University of Technology in 2022 that builds a performance-enhancing plugin for Elasticsearch and OpenSearch deployments. The plugin installs via Elasticsearch's official plugin framework in minutes and requires no application code changes, no re-indexing, and no replacement of existing clients, SDKs, or dashboards (including Kibana). Internal benchmarks and third-party validation by RISE Research Institutes of Sweden indicate up to ~2–3x faster search performance, up to ~47% faster search times, and up to ~50% fewer servers required for equivalent workloads, which translates into up to ~46% reduction in server energy consumption. The underlying technology is covered by filed-pending patents on proprietary search optimization algorithms with stated applicability to AI-driven environments.

The company targets organizations operating large-scale Elasticsearch or OpenSearch clusters — including use cases in e-commerce, business intelligence, and AI data retrieval — that face rising infrastructure and energy costs. Its go-to-market combines a product-led motion (live benchmark on the website, downloadable plugin, self-serve install) with a sales-assisted enterprise motion gated behind a "Book a Demo" call-to-action, with pricing described as quote-based and aligned to cluster scale on an annual cadence. Revenue is generated through subscription/recurring licensing of the plugin; the company is currently at the early customer pilot stage with no disclosed production logos.

Vesiro has raised approximately $3.2M cumulatively, including a €1.6M / $1.9M seed round in February 2026 co-led by Chalmers Ventures and Industrifonden. The company is led by CEO & co-founder Oskar Hagman and co-founder & COO Oscar Widén, and has received recognition including the Techarena 2025 TOP46 Pitch Competition win, Forbes 30 Under 30 Europe (Widén), Breakit's "56 Hottest Startups in Sweden 2024," and a Vinnova grant to extend its search technology into AI applications.

Vesiro firmographics

Firmographics
Name
Vesiro
Legal name
Vesiro AB
Website
https://vesiro.com
Company type
Private
Founded year
2022
Operating status
Operating
Headcount range
1–10 employees
Short description
Vesiro is a Gothenburg-based Chalmers spinout that builds a performance-enhancing Elasticsearch and OpenSearch plugin delivering faster search and up to 50% server reduction. It targets enterprises with large search clusters via annual licensing and a hybrid PLG-plus-sales motion.
Ownership category
akta.pro rank

Vesiro industry classification

Industry
Product category
Search Infrastructure Software
NAICS
Custom Computer Programming Services (541511)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Search Engines (BPAMAAAB)

Keywords

  • Elasticsearch performance plugin
  • Search infrastructure optimization
  • OpenSearch acceleration software
  • Database performance tuning
  • Server cost reduction

Where Vesiro is headquartered

Location

Headquarters

HQ city
Göteborg
HQ country
Sweden
HQ region
Europe

Offices1 record

Markets served

Vesiro business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. Elasticsearch Plugin Licensing: Vesiro generates revenue through licensing its performance-enhancing plugin for Elasticsearch deployments. The plugin is sold as a software add-on that organizations with large Elasticsearch clusters can install to reduce infrastructure costs and energy consumption. Revenue model appears to be subscription or usage-based pricing based on cluster size or search volume.

Pricing tiers

ModelBillingPrice
OtherAnnualEnterprise pricing based on infrastructure scale

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Vesiro product offering

Product offering

Core offering

Vesiro develops and sells a performance-enhancing plugin for Elasticsearch and OpenSearch that installs directly on existing search cluster instances. The plugin delivers up to 2x–3x faster search throughput while reducing required server infrastructure by up to 50%, requiring no application code changes, no re-indexing, and no migration. It is sold as a licensed add-on deployed on customer infrastructure.

Product overview

Vesiro offers a single unified core product: the Vesiro Elasticsearch Plugin. This plugin is a performance-enhancing add-on for Elasticsearch and OpenSearch that increases search throughput, allowing organizations to achieve the same search workloads using significantly fewer servers. The product is deployed directly within existing Elasticsearch/OpenSearch instances using the official plugin framework, requiring no application code changes, no re-indexing, and maintaining compatibility with existing queries, data mappings, tooling, dashboards (Kibana), and security configurations. The technology is designed to address rising data center energy consumption and infrastructure costs for organizations operating large-scale search and analytics environments.

Differentiator

Problem solved

Functional benefit

Products and services

  • Vesiro Elasticsearch Plugin A performance-enhancing plugin for Elasticsearch and OpenSearch that increases search throughput, enabling organizations to run the same workloads with fewer servers. Installs in minutes via the official Elasticsearch plugin framework, requires no app code changes, no re-indexing, and preserves compatibility with existing queries, mappings, dashboards (Kibana), clients, SDKs, auth, and TLS configurations. Targets organizations operating large-scale search and analytics clusters.

Quantifiable outcome

  • Up to 3x faster search performance in Elasticsearch clusters
  • +3 more outcomes

Companies that use Vesiro

Customer profile

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Vesiro technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability2 records

Feature5 records

Vesiro partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • RISE Research Institutes of SwedencoreStrategic or Co-development Partner · 3 January 2024RISE validated Vesiro's software prototype in a project funded by the Swedish Energy Agency (Energimyndigheten). Testing at RISE's Ice datacenter confirmed up to 46% energy savings and up to 47% faster search performance.
  • Norrsken AcceleratorcoreStrategic or Co-development Partner · 8 July 2023Selected for the 2023 Norrsken Accelerator program, one of 20 companies chosen from over 2,500 applicants globally. The program provides 8 weeks of on-site support in Stockholm, access to Norrsken's impact ecosystem, and investment in each participating company.
  • Google CloudminorOthersListed as a supporter/organization that Vesiro works with, appearing in the 'With support from' section of the website.
  • RISEcoreOthersListed in 'With support from' section. RISE validated the energy-saving potential of Vesiro's software.
  • Norrsken AcceleratorcoreOthersListed in 'With support from' section. Vesiro was part of the Norrsken Accelerator 2023 cohort.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Vesiro competitors and assessment

Company assessment

Broad incumbents

  • Elastic NV: Elastic NV develops and distributes Elasticsearch, the platform that Vesiro's plugin directly enhances. Elastic is a broad incumbent in the search and observability space and could either compete with Vesiro natively or restrict its plugin framework.
  • OpenSearch: OpenSearch (AWS/Linux Foundation) is the open-source fork of Elasticsearch that Vesiro explicitly supports. It is a broad incumbent offering an alternative search platform with overlapping developer mindshare and customer segments.
  • Algolia: Algolia is a SaaS search and discovery platform that delivers hosted, low-latency search as an API. It is a broad incumbent serving similar developer and product owner personas as Vesiro's customers, with a managed-service rather than self-hosted model.
  • Coveo: Coveo is an enterprise search and generative AI relevance platform serving commerce, customer service, and workplace use cases. It is comparable to Vesiro as an enterprise-facing layer that monetizes AI-enhanced relevance on top of underlying search infrastructure.
  • Lucidworks: Lucidworks builds enterprise search and product discovery solutions on top of open-source search engines including Solr and Elasticsearch. It is comparable to Vesiro as a higher-level relevance/optimization layer for large enterprise search deployments.
  • ClickHouse: ClickHouse is a column-oriented real-time analytics database increasingly used for search and log analytics workloads that historically ran on Elasticsearch. It is a broader infrastructure incumbent competing for the same compute-and-cost-conscious workloads Vesiro targets.

Emerging players

  • Quickwit: Quickwit is a Rust-based open-source search and analytics engine positioned on cost-efficient, cloud-native search performance. It overlaps with Vesiro's value proposition of faster, cheaper search infrastructure, particularly for log and observability workloads.
  • Typesense: Typesense is an open-source typo-tolerant search engine optimized for speed and developer experience. It is comparable to Vesiro as a performance-focused search alternative targeting developers and product teams with low-latency retrieval needs.
  • Meilisearch: Meilisearch is a lightweight, open-source search engine built around speed and ease of integration. It competes in the same end-user-facing search experience layer that Vesiro customers care about, albeit via replacement rather than plugin optimization.
  • Rockset: Rockset is a real-time search and analytics database built for low-latency queries on fresh data. It overlaps with Vesiro's positioning around faster, more cost-efficient search and is a potential alternative architecture for customers evaluating Elasticsearch optimization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Vesiro social profiles

Digital presence

Vesiro financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vesiro leadership team

Management profile

Number of profiles

Profiles2 records

Vesiro funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Vesiro M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vesiro

What does Vesiro do?

Vesiro develops and sells a performance-enhancing plugin for Elasticsearch and OpenSearch that installs directly on existing search cluster instances. The plugin delivers up to 2x–3x faster search throughput while reducing required server infrastructure by up to 50%, requiring no application code changes, no re-indexing, and no migration. It is sold as a licensed add-on deployed on customer infrastructure.

Is Vesiro a public or private company?

Vesiro is a private company. It is classified as venture growth investor backed and is currently operating.

When was Vesiro founded?

Vesiro was founded in 2022. It employs 1 to 10 people.

Where is Vesiro based?

Vesiro is headquartered in Göteborg, Sweden, in the Europe region.

How does Vesiro make money?

One revenue line is on record: elasticsearch Plugin Licensing.

Who are Vesiro's main competitors?

Broad incumbents on record are Elastic NV, OpenSearch, Algolia, Coveo, Lucidworks and ClickHouse. Emerging players are Quickwit, Typesense, Meilisearch and Rockset.

Does Vesiro have an API?

No public API is recorded for Vesiro.

What industry is Vesiro in?

Vesiro's product category is Search Infrastructure Software. Its primary akta.pro industry code is BPAMAAAB, Search Engines. Its NAICS code is 541511 and its SIC code is 7372.

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Live signals
Tech Funding NewsStartup in spotlight: Sweden's Vesiro lands €1.6M for AI plugin speeding search 3x — TFNGothenburg-based Swedish startup Vesiro has raised €1.6 million in seed funding to develop an AI-powered Elasticsearch plugin that reportedly speeds up search operations up to three times faster while enabling companies to reduce their server count by half. The funding round was led by Chalmers Ventures with Industrifonden as co-lead, joined by several other investors including Länsförsäkringar Göteborg & Bohuslän, Yuncture, First Gate Invest, E14 Invest, and Mach One. The capital will be used to expand the technical workforce, advance product development, and accelerate market rollout targeting data-heavy industries such as e-commerce and business intelligence.Tech.euVesiro raises €1.6M to optimise elasticsearch and lower server energy useGothenburg-based Vesiro, a spinout from Chalmers University, has raised €1.6 million in a seed funding round backed by Chalmers Ventures, Industrifonden, and other investors. The company develops a performance-focused plug-in for Elasticsearch that improves search efficiency in large-scale data environments, enabling organizations to reduce server requirements and lower energy consumption. The funding will be used to expand Vesiro's technical team and accelerate product development and market rollout.ArcticstartupSwedish Vesiro lands €1.6 million seed round to boost elasticsearch speed and reduce infrastructure spendSwedish startup Vesiro raised €1.6 million in seed funding led by Chalmers Ventures to scale its Elasticsearch performance plugin. The software can triple search speed and cut server needs by up to 50%, reducing costs and energy use. Funds will support team growth and product development.VesiroAnnouncing our $1.9M seed roundVesiro has closed a SEK 17.2 million ($1.9 million) seed round to scale its performance-enhancing Elasticsearch plugin that helps organizations reduce server costs and energy consumption in large-scale search and analytics.news.cision.comVesiro raises €1.6M to cut server costs and energy use through a performance-enhancing Elasticsearch pluginGothenburg-based Vesiro, a Chalmers University spinout, has raised €1.6M in seed funding, with Chalmers Ventures leading and Industrifonden co-leading the round alongside various angel investors. The company has developed a performance-enhancing plugin for Elasticsearch that internal benchmarks show can deliver up to three times faster search performance, enabling customers to reduce required servers by up to 50 percent, thereby cutting server costs and energy consumption. The funding will be used to expand the technical team and accelerate product development and market rollout.FoundersTodayVesiro secures €1.6M Seed Funding to Boost Energy-Efficient Data SearchGothenburg-based Vesiro, a spinout from Chalmers University of Technology, has raised €1.6 million in seed funding to scale its performance-focused search technology designed for large-scale data environments. 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. The company's plug-in for Elasticsearch improves search efficiency, enabling organizations to process the same workloads using significantly fewer servers, addressing rising data centre energy demand.FinSMEsVesiro Raises €1.6M in Seed FundingVesiro, a Gothenburg-based software company spun out of Chalmers University, raised €1.6 million in seed funding from multiple venture firms including Chalmers Ventures, Industrifonden, and angel investors. The company develops a plugin that improves search performance in Elasticsearch clusters, enabling organizations to reduce server costs and energy consumption without replacing existing infrastructure. The funding will be used to expand the technical team and accelerate product development and market rollout.VesiroVesiro recieves grant from Vinnova to apply our technology in the AI spaceVesiro has been awarded a grant from Vinnova, Sweden's innovation agency, to apply their search optimization technology in the artificial intelligence space. The funding will support R&D into AI-enhanced search capabilities, marking a potential expansion beyond their existing iGaming industry focus. Vinnova's support represents a milestone that validates Vesiro's vision for cross-industry applications of their patented technology.