2026-04-28
OTee raises €5.3M Seed
Oslo-based OTee raised €5.3M in a Seed round led by North Ventures with participation from Atlas SGR, RunwayFBU, Superangel, and Antler.
Round at a Glance
| Company | OTee |
| HQ | Oslo, Norway |
| Amount | €5.3M |
| Round | Seed |
| Date | 2026-04-28 |
| Valuation | Not disclosed |
| Total Disclosed Funding | Not disclosed |
Company Snapshot
OTee is a Norway-based industrial control software company. According to the company's public materials, the product helps factories, utilities, and other critical infrastructure operators with a virtual programmable logic controller (PLC) platform that runs on standard hardware. The technology is already deployed across energy, utilities, and manufacturing customers.
Investors in This Round
| Investor | Investor HQ Country | Notes |
|---|---|---|
| North Ventures | Norway | Lead |
| Atlas SGR | Italy | Participant |
| RunwayFBU | Norway | Participant |
| Superangel | Estonia | Participant |
| Antler | Singapore | Participant |
Known Cap Table
| Investor | Round(s) | Investor HQ Country |
|---|---|---|
| North Ventures | Seed | Norway |
| Atlas SGR | Seed | Italy |
| RunwayFBU | Seed | Norway |
| Superangel | Seed | Estonia |
| Antler | Seed | Singapore |
Total disclosed funding: Not disclosed.