Tech Company Financing Transactions
Ovido Funding Round
Ovido closed a $2.8 million Seed funding round on 6/17/2025. Investors included Kvanted, Lifeline Ventures and private investors.
Transaction Overview
Company Name
Announced On
6/17/2025
Transaction Type
Venture Equity
Amount
$2,800,000
Round
Seed
Investors
Kvanted (Lead Investor)
Lifeline Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate product development and scale go-to-market efforts across Europe, starting with the textile industry.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Lapinlahdenkatu 16
Helsinki, 00180
Finland
Helsinki, 00180
Finland
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Ovido was founded for a need. Part of our founding team had been running a company that supplied materials to global brands and regularly faced growing demands for compliance, traceability, and detailed product data, but with limited tools and time to respond properly. Investing in the same tools their customers used wasn't feasible. They were expensive and complex. That's why we founded Ovido: to give businesses of all sizes a simple, affordable way to manage product and supplier data, stay compliant, and turn supply chain data into a competitive edge.
Management Team
Browse more venture capital transactions:
Prev: 6/17/2025: Bigger Games venture capital transaction
Next: 6/17/2025: Salmon venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs