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OpenOcean

Venture capital firm; participated in IQM Quantum Computers' seed and Series A rounds.

OpenOcean is a pan-European early-stage venture capital firm based in Helsinki, investing in seed and Series A rounds, with additional offices in London and Luxembourg. Founded in 2009 by veterans of MySQL AB and MariaDB Corporation, including Michael 'Monty' Widenius, the firm backs 'technical founders shaping how humans and technology thrive together,' with a focus on AI-native software, automation, and data-intensive technology.

Overview

Firm
OpenOcean
Headquarters
Helsinki, Finland
Founded
2009
AUM
~€100-130M (Fund IV, raising toward a €130M target as of 2025); no single consolidated lifetime AUM figure is publicly disclosed
Stages
Seed, Series A
Thesis
Reshaping knowledge work and the systems required to scale it, across AI-native software, automation, and data-intensive technology — treating data as the ultimate moat.

Portfolio companies1

Partners0

No linked records yet.

Frequently asked

What is OpenOcean?
Reshaping knowledge work and the systems required to scale it, across AI-native software, automation, and data-intensive technology — treating data as the ultimate moat.
How much does OpenOcean manage?
OpenOcean manages ~€100-130M (Fund IV, raising toward a €130M target as of 2025); no single consolidated lifetime AUM figure is publicly disclosed in assets, and was founded in 2009.
What stages does OpenOcean invest at?
OpenOcean invests at Seed, Series A.

Tags

Sources & citations3

Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.

  1. 1

    OpenOcean, headquartered in Helsinki, invests in seed and Series A companies focused on AI-native software and data-intensive technology.

    OpenOcean: About
    Verified2026-08-09
  2. 2

    Open Ocean Capital Oy was registered in the Finnish trade registry in 2009.

    Finder.fi: Open Ocean Capital Oy company registry extract
    Verified2026-08-09
  3. 3

    OpenOcean participated in IQM Quantum Computers' 2019 seed round and November 2020 Series A round.

    Tech.eu: IQM raises €39M ($46M) Series A
    Verified2020-11-10