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OTee
OTee offers a cloud-native platform to create, program, deploy, and manage virtual PLCs. It uses open standards like IEC 61131-3 Structured Text and runs on x86 or ARM hardware, with a cloud-managed…
OTee
OTee offers a cloud-native platform to create, program, deploy, and manage virtual PLCs. It uses open standards like IEC 61131-3 Structured Text and runs on x86 or ARM hardware, with a cloud-managed…
TL;DR
Product: Cloud-native IIoT platform delivering virtual PLCs (vPLCs) with IEC 61131-3 Structured Text IDE
Founded: 2022
Headquarters: Oslo / Lysaker, Norway
Employees (approx.): Around 20
Total disclosed funding: About $7.66M (USD) / several million euros reported
Company Overview
Problem Domain
Industrial automation / IIoT: reducing vendor lock-in and operational cost of proprietary PLC hardware while enabling scalable, software-based control and data workflows across energy, utilities, manufacturing, and oil & gas.
Founded
2022
Industry
Automation Machinery Manufacturing
Tech Stack
Funding Track Record
€5.3M (reported)
Dealroom reported a €5.3M seed round; earlier smaller seed transactions in Feb 2023 and Feb 2024 were reported across profiles.
$130K (reported)
Reported early seed transaction listed for Feb 2023.
€1.3M (reported)
Reported Feb 2024 transaction with participation from StartupLab, Superangel, Antler, RunwayFBU.
Investor Signal
“Antler; Atlas SGR; Gunnar Evensen; North Ventures; Olav Slupphaug; RunwayFBU; Snorre Larsen; Startuplab; Superangel; Trond Riiber Knudsen”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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