OpenOcean, a pan-European venture capital firm, has launched its fourth main venture fund, securing a €100M first close in 2024. It has already invested in two startups, Embeddable and Dreamfold. OpenOcean focuses on scaling technical, data-driven startups and aims for a €130M final close by mid-2025. With backing from notable investors and a track record of successful exits, OpenOcean prioritizes supporting exceptional teams with domain expertise to drive innovation and address industry challenges.