Stage FocusSeed, Series A
GeographyEurope
TypeVC
Last Activity2024
Industry Focus
Industries
AIQuantumCybersecurityIoT & Edge
Technical BenchStrong
Investor TypeGeneralist
ExposureSome DeepTech Investments
Bio
OpenOcean was founded in 2009 by the team behind MySQL and MariaDB — the first European enterprise software unicorn, acquired for $1B in 2008. Fund IV targets €130M with a €100M first close in 2024, and each fund backs 18-20 companies.
The thesis is "data as the ultimate moat in AI" — spanning AI/ML, quantum computing, databases, cloud, edge, and cybersecurity. The portfolio includes IQM (a major...
Notable Investments
I
IQMM
MariaDBM
MindsDBD
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