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    OpenOcean

    Helsinki, FinlandFounded 2009

    OpenOcean is a pan-European early-stage venture capital firm investing in B2B software across Europe, with offices in Helsinki and London. The firm focuses on AI-native software, automation, and data-intensive technology, partnering with technical founders from seed and Series A stages.

    Deal activity decreased year-over-year (2 deals in the last 12 months vs 3 prior). Average disclosed round size is $31.7M (across 31 rounds with reported amounts).

    Find people at OpenOcean on Goldilocks AI

    Portfolio

    29

    Fund Size

    —

    Top Stage

    Seed

    Last 12 Mo

    2

    Team

    Patrik Backman

    Patrik Backman

    General Partner

    Tom Henriksson

    Tom Henriksson

    General Partner

    CV

    Crystal van Oosterom

    AI Venture Partner

    Duleepa “Dups” Wijayawardhana

    Duleepa “Dups” Wijayawardhana

    Venture Partner

    Sam Hields

    Sam Hields

    Partner

    Tony Nysten

    Tony Nysten

    Partner

    Raoul Lehtonen

    Raoul Lehtonen

    Finance Director

    Adrien Levacic

    Adrien Levacic

    Investment Associate

    Mirva Laatunen

    Mirva Laatunen

    Senior Investment Associate

    Oliver Johnston-Watt

    Oliver Johnston-Watt

    Investment Associate

    Ralf Wahlsten

    Ralf Wahlsten

    Chairman

    Toby Obstbaum

    Toby Obstbaum

    Fund Controller

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    43 investments
    CompanyRoundAmountDate
    Ubitium logoUbitiumSeed$14MOct 2026
    Sitegeist logoSitegeistPre-Seed—Feb 2026
    Sitegeist logoSitegeistPre-Seed—Jan 2026
    IQM Quantum Computers logoIQM Quantum ComputersSeries A—Nov 2025
    IIQM FinlandSeries B$50MSep 2025
    Embeddable logoEmbeddableSeed—Dec 2024
    Surglogs logoSurglogsUnknown—Nov 2024
    Droppe logoDroppeUnknown—Jun 2024
    Workfellow logoWorkfellowSeries A$3.1MJan 2024
    Embeddable logoEmbeddableSeed—Jan 2024
    Droppe logoDroppeSeed—Jan 2024
    Binalyze logoBinalyzeSeries A$19MSep 2023
    Mindsdb logoMindsdbSeed$46.5MAug 2023
    Mindsdb logoMindsdbSeed$25MJan 2023
    IQM logoIQMSeries C$128MJul 2022
    LatticeFlow logoLatticeFlowSeries A$12MJan 2022
    Bitrise logoBitriseSeries C$60MNov 2021
    IIQM Quantum ComputingSeries A—Nov 2020
    IIQM FinlandSeed—Jun 2020
    Workfellow logoWorkfellowSeed$3MJan 2020
    Blockstack logoBlockstackSeed$4MJan 2017
    Tapdaq logoTapdaqSeries A$6.5MJan 2016
    Truecaller logoTruecallerGrowth$100MJul 2015
    Truecaller logoTruecallerSeries C$60MOct 2014
    VVerto AnalyticsSeed$2.4MSep 2014
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    Last updated: 20 October 2026