OpenOcean

What is OpenOcean?

OpenOcean is a pan-European venture capital firm that focuses on early-stage investments in European deep tech and enterprise software companies. With headquarters at Pohjois-Esplanadi 31, Helsinki, the firm has positioned itself as a major player in the investment landscape with assets under management totaling approximately 890 million euros.

They are adept in equity investments with significant expertise in Expansion, MBO/LBO, Turnaround, Recapitalization, Special Situations, Corporate Divestiture, Spinout, Early Stage, Seed, Series A engagements. OpenOcean has defined their investment range, aspiring to invest a minimum of 1 million euros to a maximum of 5 million euros into promising ventures. The industries they target encompass a variety of sectors including Software with a focus on Web Marketplace and SaaS, IT and TMT, Media, Business Solutions, Hardware and Manufacturing, Material Science, Life Science, Mobile, as well as Oil & Gas and Mining.

They have a particular interest in data-intensive software companies involved in automation and machine learning, developer toolbox, personalization and privacy, and decentralization sectors. OpenOcean's investment thesis revolves around leveraging their technical background and global scaling expertise to identify and back startups with the potential to become category leaders, particularly those that can scale up their unique data-driven solutions globally.

The team at OpenOcean comprises individuals who share a passion for fostering revolutionary technology companies, and they have a notable portfolio that includes industry leaders in quantum computing, marketing data integration, content management, supply chain, and AI-driven data workflows.

They strive to empower bold leaders of the data economy by advancing technical startups from Europe to a position of global category leadership, all while maintaining a commitment to ESG practices.

What they say:

We invest in European deep tech and enterprise software companies