What is Ovido?
Ovido operates as a specialized software provider focused on the critical needs of manufacturers and global brands. The company's core platform is engineered to address the complexities of Digital Product Passports, a regulatory necessity that requires granular data visibility across the entire product lifecycle. By streamlining compliance processes and enabling actionable transparency, Ovido allows enterprises to navigate the shifting landscape of international trade standards. The platform serves as a central repository for product information, ensuring that data is not only accurate but also accessible to stakeholders throughout the supply chain, thereby fostering trust and operational efficiency.
How much funding has Ovido raised?
Ovido has raised a total of $2.8M across 1 funding round:
Seed
$2.8M
Seed (2025): $2.8M with participation from Kvanted, Lifeline Ventures, and Illusian
Key Investors in Ovido
Kvanted
Kvanted is an early-stage venture capital firm focused on industrial technology, supporting entrepreneurs who are innovating within the industrial value chain across Europe.
Lifeline Ventures
Lifeline Ventures is a sector-agnostic early-stage investor focused on pre-seed and seed funding, aiming to support resilient founders from the inception of their entrepreneurial journey.
Illusian
Illusian is a collective of founders and operators dedicated to supporting the next generation of entrepreneurs through their networks, capital, and expertise.
What's next for Ovido?
With this major enterprise-level funding, Ovido is well-positioned to accelerate its product development roadmap and expand its footprint within the European industrial technology market. The strategic infusion of capital will likely be directed toward enhancing the platform's interoperability with existing enterprise resource planning systems and deepening its analytical capabilities for supply chain auditing. As regulatory frameworks surrounding product sustainability and traceability continue to tighten, Ovido's ability to provide a scalable, compliant, and transparent data architecture will be a key differentiator. The company is expected to leverage its new investor partnerships to facilitate deeper integration into the industrial value chain, ultimately driving long-term growth and market leadership in the digital compliance space.
See full Ovido company page