Open Data Incubator for Europe (ODINE)

Summary

Open Data Incubator for Europe (ODINE) appeared to be the VC, which was created in 2015. The fund was located in Europe if to be more exact in Germany. The main office of represented VC is situated in the Berlin.

The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the Open Data Incubator for Europe (ODINE), startups are often financed by Wayra, Seedcamp, Microsoft Accelerator London. The meaningful sponsors for the fund in investment in the same round are IMPACT Accelerator. In the next rounds fund is usually obtained by EASME - EU Executive Agency for SMEs, Plug and Play, Merian Ventures.

The usual things for fund are deals in the range of 100 thousands - 1 million dollars. The fund is constantly included in 7-12 deals per year. Considering the real fund results, this VC is 71 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2016. Comparing to the other companies, this Open Data Incubator for Europe (ODINE) performs on 25 percentage points less the average number of lead investments.

We can highlight the next thriving fund investment areas, such as Health Care, Education. Among the most popular portfolio startups of the fund, we may highlight Plume Labs, QMENTA. For fund there is no match between the country of its foundation and the country of its the most frequent investments - France. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups.