External news

External news

Quantum hype accusations: the industry hits back

Significant challenges remain, but quantum computing is advancing faster than its classical counterpart.

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Letter: Quantum computing is where petrol cars were in early 1900s

"Quantum computing today is where combustion-powered automobiles were in the early 1900s. And the stage is set for the next Ford. The gamechanger will be the firm that can bridge the gap between the cutting-edge quantum hardware and the software in development."

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How smaller businesses can stave off the job loss epidemic

SMBs need to move beyond buzzwords and start to plan for the future

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Exclusive Interview With Patrik Backman, General Partner, OpenOcean

Analytics Insight has engaged in an exclusive interview with Patrick Backman, General Partner, OpenOcean.

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A New Category of Digital Forensics? Enterprise Forensics from Binalyze

Binalyze Secures $10 Million in Seed Funding to Develop its Real-Time Enterprise Forensics Platform

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Five companies bidding for supremacy

The biggest fundings rounds for quantum computing start-ups in 2022

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Startup Funding: July 2022

Massive rounds for batteries and quantum computing; 106 startups raised $4 billion.

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Sustainability, Investor Perspective. Recap of #TechChill2022

Nina Gunell, Investment Associate at OpenOcean shared her thoughts on sustainability and profitability – and how companies with better sustainability practices also have better operational performance and lower risk.

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Four ways towards automation project management succes

Tom Henriksson, general partner at OpenOcean, identifies four ways in which automation experts have achieved project management success.

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Letters: Trusting me, trusting VC

OpenOcean's General Partner Tom Henriksson shared his thoughts about building truly successful VC-founder relationships with City AM.

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Report: Irish VC investment stayed stable despite decline in deals

Tom Henriksson, GP at OpenOcean, shared his thoughts on Europe’s startup scene's positive growth and opportunities with the Silicon Republic.

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Finnish software startup raises $3M Series A round

Workfellow, the software product company with the first plug-and-play tool that provides a holistic view of the impact of digital transformation on team work, today announced that it has raised 3.12 million USD in its Series A funding round. The investment will support Workfellow’s growth by ramping up its product and commercial operation.

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Finnish software Workfellow raises $3M in Series A

Finland-based startup Workfellow that develops an AI-powered task mining software that identifies company-wide manual business activities, and recommends digital solutions, has announced the completion of a $3 million Series A round, ArcticStartup reports.

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Workfellow announces close of Series A funding round of $3.12m

Workfellow, the software product company with the first plug-and-play tool that provides a holistic view of the impact of digital transformation on team work, today announced that it has raised $3.12m in its Series A funding round. The investment will support Workfellow’s growth by ramping up its product and commercial operation.

External news

Workfellow announces close of Series A funding round of $3.12 million

Workfellow, the software product company with the first plug-and-play tool that provides a holistic view of the impact of digital transformation on team work, has announced that it has raised $3.12 million in its Series A funding round.

External news

Workfellow announces close of Series A funding round of $3.12 million

Workfellow, the software program product firm with the primary plug-and-play software that gives a holistic view of the impression of digital transformation on workforce work, has introduced that it has raised $3.12 million in its Collection A funding spherical.

External news

What is the formula for a great founder-VC relationship?

Ekaterina Almasque, General Partner at OpenOcean shares her thoughts on the key traits for a successful Founder-VC relationship.

External news

UK Fintech News Round-up: The Latest Stories 19/01

Tom Henriksson, General Partner at OpenOcean, said: “London’s raising of $25.5bn in funding over the past year is indicative of how quickly the United Kingdom, and Europe, are becoming eminent players within global technology. London is now a magnet for investment as it currently holds a total number of 75 “unicorns”. Its strong foundations and diverse mix of talents ensure that investment will continue to pour in at a rapid scale.”

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Frankfurt-based Operations1 raises €11.1 million for its software that manages operations and connects workers

Operations1, the cloud software company for adaptive employee-led production processes, has just announced a new €11.1 million funding boost. The investment which was led by OpenOcean will scale the solution that is enabling manufacturers to analyse and optimise work and processes, freeing up teams to focus on more complex and innovative activities.

External news

Operations1 secures $12.5 million in Series A funding round

Operations1, the cloud software company for adaptive employee-led production processes, recently announced it has raised $12.5 million in its Series A funding round. The investment, which was led by OpenOcean, a European venture capital firm, will support Operations1 to double its team size, expand internationally, and invest further in product development.

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The five key components to a successful founder - VC relationship

Investment from a VC fund is fundamental for many start-ups. However, even with this added financial support, not all businesses are successful. Article by Ekaterina Almasque, General Partner at OpenOcean.

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Speed is of the essence as cybersecurity startup Binalyze raises $10 million

With cybercrime statistics causing enterprises to jump faster than a cat on a hot tin roof, equally, we’ve seen a number of startups springing to their defenses. And so is the case with Estonia’s entry, Binalyze.

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Binalyze secures $10 million funding for forensics platform

Binalyze, the Enterprise Forensics platform which enables enterprises to respond faster and more effectively to cyber threats, today announced it has raised $10 million in its Seed funding round.

External news

Tallinn-based Binalyze lands €9.1 million to develop its real-time enterprise forensics platform

Enterprise forensics platform Binalyze has just raised €9.1 million in its mission to enable companies to respond more efficiently to cyber threats. The funding was led by OpenOcean with participation from Earlybird Digital East which led Binalyze’s pre-seed round last year.

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Tallinn-based Binalyze lands €8.7 million to develop its real-time enterprise forensics platform

Enterprise forensics platform Binalyze has just raised €8.7 million in its mission to enable companies to respond more efficiently to cyber threats. The funding was led by OpenOcean with participation from Earlybird Digital East which led Binalyze’s pre-seed round last year.

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The Briefing: Amazon, Snap Soar On Earnings, Arcellx Prices IPO, And More

Crunchbase News

External news

Estonian cybersecurity startup Binalyze raises USD 10 million in Seed round

Estonia-based Binalyze, a cybersecurity startup developing digital forensic tools for enterprises to better understand cyber breaches and respond effectively, raised USD 10 million on 4th February 2022.

External news

Made in emerging Europe: Binalyze, Workee, Humans.ai

Emerging Europe brings a round-up of the region’s start-ups that recently closed financing rounds, sealed partnerships, or dropped new innovations.

External news

Enterprise forensics platform Binalyze lands €8.7M

OpenOcean has led an €8.7 million investment in Binalyze, with participation from Earlybird Digital East. The Estonian startup offers digital forensic tools to help companies conduct incident response investigations. The funds will be used for product development and its international expansion in Europe and the US.

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Kohtuekspertiisi platvormi loov Binalyze kaasas kopsaka summa

2018. aastal asutatud ja ettevõtetele mõeldud kohtuekspertiisi platvorm Binalyze kaasas hiljuti 9,1 miljonit eurot, et aidata firmadel küberohtudele tõhusamalt reageerida. Rahastusringi juhtisid Open Ocean ja Earlybird Digital, kes võttis eelmisel aastal osa ka Binalyze’i eelseemnevoorust.

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This Week in Fintech: TFT Bi-Weekly News Roundup 08/02

Binalyze secures $10.4million in seed funding to develop its real-time enterprise forensics platform. The investment will also accelerate Binalyze’s expansion in the US, Europe, and other key global markets. The investment, led by OpenOcean, brings total funding to date to $11.7million.

External news

The 50 hottest Fintech funding rounds last week

Binalyze, an enterprise forensics platform that arms clients against cyber threats, has bagged $10m in its seed funding round.

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“We need to concentrate on support at every stage of young women’s lives”: Interview with Ekaterina Almasque, General Partner at OpenOcean VC

EU-Startups caught up with Ekaterina to talk about her impressive career, the Invest in Women NOW project, and how we can increase diversity in VC.

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Small country, big innovations: 10 startups from Estonia taking on the world in 2022

Estonia is termed Europe’s most entrepreneurial country by the World Economic Forum. Living up to this name, the country is home to popular companies including Skype, Wise, Bolt and Pipedrive.

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Letters: Sayonaro, Silicon Valley

Hazlewoods’s research sent a clear message to readers: start-ups are the beating heart of the UK economy. Unsurprisingly, Hazlewoods found startups make up a quarter of all high-growth firms.

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Soonicorn Club 2022: Top Tech Startups In Finland

‘Soonicorn Club of Finland Tech 2022’– an exclusive list of the most promising Finland tech startups that have also reached significant valuation milestones over the previous few years.

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Report: Irish VC investment stayed stable despite decline in deals

Venture capital (VC) investment was relatively busy in Ireland during the first quarter of 2022, according to KPMG’s latest quarterly Venture Pulse report.

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Letters: Trusting me, trusting VC

Pitchbook’s analysis reveals one thing very clearly: VCs in the UK are full steam ahead in 2022. VCs in Britain and Ireland have committed nearly £7bn in the last few months, nearly a third of total European investment. The world of venture capital moves fast. A flurry of investment draws eyes, and eager entrepreneurs.

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Tech investors remain bullish despite market slump

Tech investors remain optimistic about the future despite market meltdowns. Some even suggest it could benefit the industry in the long run. However, they urge startups to prepare for leaner times.

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4 focus areas for RPA success in business

An opinion piece by tom Henriksson, the general partner of OpenOcean, an early stage VC firm.

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Analysing the role and importance of women as cheque writers and start-up founders

IDC European Women in Venture Capital Report

External news

Strong Network raises €5.1 million to curb data theft

The Swiss startup’s Virtual Workspace Infrastructure enables companies to protect against the ever-growing threat of source code, data and credential theft.

External news

Strong Network bags €5.1m to spearhead global expansion

Strong Network has raised €5.1m (£4.2m) in a funding round led by OpenOcean and joined by Wingman Ventures.

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Swiss startup Strong Network aims for global expansion with €5.1m war chest

The SaaS company will focus the funds on accelerating the European and American roll-out of its software.

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Top early-stage investors in the Nordics

The Nordics has one of the most active startup ecosystems in Europe, with some of the continent’s most successful startups — including the likes of Klarna, Pleo, Aiven, and Oda — and 15 more unicorns.

External news

Edge computing advance as Sunlight launches Project Rosie

Cambridge edge infrastructure company Sunlight.io has announced support for the NVIDIA Jetson™ edge AI platform, and the Lenovo SE70, with the launch of its beta program — ‘Project Rosie.’

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The tech sell-off is not all bad news for economic developers

A dose of rationality is a good thing as the tech industry and its jobs are going nowhere.

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Finland: The Next Tech Hub?

In a country with less than six million people, Finland has become the home to a handful of unicorns and host to a thriving technology ecosystem.

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Finland’s IQM Quantum Computers bags €128M from World Fund, others; aims to tackle climate change

Espoo-based IQM Quantum Computers, a quantum computing company, announced on Friday that it has raised €128M in a Series A2 round of funding led by World Fund.

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IQM takes quantum leap with €128 million to combat climate crisis

The Finnish startup, building superconducting quantum computers for HPC centres, research institutes and businesses, will use the funding to expand international business and accelerate product development.

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Building next-gen quantum computers to tackle climate crisis, IQM computes €128M funding

Finnish startup IQM Quantum Computers, which is developing a next-generation of superconducting quantum computers, has scooped €128 million in Series A2 funding.

External news

Quantum startup raises €128m to help combat climate crisis

European quantum computing startup IQM has raised €128m in funding to help combat the global climate crisis.