Tech Company Financing Transactions
Ora Computing Funding Round
Greencode Ventures and Xista Science Ventures invested in a $4 million Seed funding round for Ora Computing. The financing round was announced on 6/24/2026.
Transaction Overview
Company Name
Announced On
6/24/2026
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Greencode Ventures (Lead Investor)
Proceeds Purpose
The newly secured funding will support team expansion, further development of the company's compression capabilities for the largest frontier models, and the launch of a commercial product targeting cloud inference providers and organisations deploying AI at the edge.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Praterstraße 1
Vienna, 1020
Austria
Vienna, 1020
Austria
Phone
Undisclosed
Website
Email Address
Overview
Ora Computing is a deep-tech software startup developing algorithms for LLM compression and optimization. Ora was founded in early 2025 by Dr. Stefan Sack and Dr. Raimel Medina to challenge the assumption that massive scale is needed to reach useful intelligence. At Ora we believe that the next wave of AI adoption will be driven by more compact models that are highly efficient and optimized for specific use cases rather than large general-purpose cloud models.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stefan Sack
Chief Technical Officer
Raimel Medina
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