OTee

1. 05 Feb 2024

   Funding round

   €1.3M

   Cumulative €1.3M

2. 28 Apr 2026 · +2 yr 2 mo

   Seed

   €5.3M

   Cumulative €6.5M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Funding28 Apr 2026EUR 5.3M

  OTee raised EUR 5.3M in seed, led by North Ventures.

  ▸Source: techfundingnews.com

  Read at techfundingnews.com

• Funding05 Feb 2024EUR 1.3M

  OTee closed a EUR 1.25 million first funding round led by RunwayFBU and Superangel for its industrial-automation engineering platform.

  ▸Source: EU-Startups

  Read at EU-Startups

• Henrik Pedersen

  CEO

• Radek Janik

  CTO

Raised €6.5M to date · FY2024 turnover €445K · 10 employees

• ≈€40K turnover per employee (FY2024).

What does OTee do?

Software-defined control layer for mission-critical industrial operations built on Virtual PLC technology, replacing proprietary PLC dependence with open software infrastructure.

When was OTee founded?

OTee was founded in 2022.

Where is OTee headquartered?

OTee is headquartered in Oslo, Norway.

How much funding has OTee raised?

OTee has raised €6.5M (across 2 rounds · last 28 Apr 2026).

What was OTee's latest funding round?

OTee's most recent disclosed round was a seed round of €5.3M, announced 28 April 2026.

Who has invested in OTee?

Investors in OTee include North Ventures, Antler, Atlas SGR, RunwayFBU, StartupLab, Superangel.

What is OTee's revenue?

OTee reported €445K in turnover for FY2024, per official registry filings.