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VirtualBox does not support ARM-based architectures like the Apple silicon on these Macs yet so we'll need another option. Multipass from Canonical can launch and run virtual machines (instances) and configure them with cloud-init like a public cloud. In fact it's my preferred way to launch Ubuntu instances regardless of whether VirtualBox is available for my system.
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Get it with Homebrew:
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InfluxDB
Access the most powerful time series database as a service. Ingest, store, & analyze all types of time series data in a fully-managed, purpose-built database. Keep data forever with low-cost storage and superior data compression.
NOTE:
The number of mentions on this list indicates mentions on common posts plus user suggested alternatives.
Hence, a higher number means a more popular project.