Thesis

As an investor in A-round European B2B software companies, we are industry agnostic and invest in major technology enablers that help to solve real challenges

Artificial intelligence

We believe that very complex activities and interactions can be digitised and automated with AI. To achieve this, we are helping to build the next generation of AI companies and solutions.

Superior performance and better accuracy are two of the main competitive advantages of AI solutions. The teams that have made fundamental breakthroughs by putting AI at the core of their solutions will truly outperform their peers. 

Due to the surge in the need for data-driven everything, today’s market is much hungrier for AI-based analytics than what is technically possible. Therefore, teams that can leapfrog the status quo on technical and go-to-market levels are not only able to scale fast but can also solve some of the major challenges for business and society. 

Application-driven data infrastructure

There is a massive opportunity in building the next wave of data infrastructure, because workloads are moving to the cloud, there is a shift of compute to the edge, and new powerful data-driven technologies are emerging, including AI and quantum computing. 

To improve the scalability of data- and compute-intensive workloads in rapidly digitalising industries, we aim to identify new ways of enabling application-driven programmable and dynamically composable infrastructure. We are particularly interested in teams solving bottlenecks in today’s data centres by offering on-demand resource management in elegant and easy-to-adopt ways. We are also keen on working with teams building delicious tools for a brave new world, including AIOps and API infrastructures.

Intelligent enterprise automation

OpenOcean is an active investor in enterprise automation category leaders, and now we are looking for the next generation of intelligent automation businesses that will enable what Gartner calls hyper-automation.

Eventually, automation will become so seamlessly integrated into organisations and so easy to use that it will just work in the background, providing a myriad of intelligent services and solutions. We are eager to find new automation solutions that can bring true intelligence to business processes across industries, while we are equally focused on finding vertical solutions that can intelligently automate major use cases in a particular field. We are looking for intuitive and low-friction products that get enterprises and their employees excited because they augment the work they love and automate the work they don’t.

Open source

We are the team behind the leading LAMP stack- and cloud open source database companies; MySQL and MariaDB. We built MySQL, the database that helped define generations of software engineers, and MariaDB, the leading open source cloud database.

Reach out if you run an early-stage open-source software start-up and you want to find the right balance between free and open functionality versus paid and proprietary licensed functionality.

Digital platform enablers

We are in the midst of a massive shift to digital services. The right business has huge potential for becoming a completely new category leader for cognitive systems, identity management, autonomy as a service, security, or many other themes.

We focus mainly on platform enablers, as these can provide a lucrative return on investment with a lower risk than (end-user) platforms. We are looking for the building blocks that provide the key functionality for platforms. Platform enablers are horizontal, so they can solve one particular problem better than any other solution.

For example, we look to support teams that are creating a compute-ready version of the world (Physical Web), next-generation cybersecurity, or software solutions for deploying robotic and autonomous systems at scale.