Open Circle Capital

Announcing a portfolio exit! 📣

Frontu becomes a part of Everfield group, marking a successful exit, and an important new chapter as a part of Everfield's portfolio of European B2B software companies.

In 2018, OCC showed conviction in Frontu's team and mission in improving field service management and operational efficiency. Ever since, the company has demonstrated resilient growth and exceptional customer retention rates. We look forward to further Frontu's growth and scale in other international markets.

Congratulations to Arūnas Eitutis and the entire team, and everyone who contributed to making this possible 🍾

Special thanks to partners NOEWE , KPMG , Sorainen , ITO Group , and LT Capital 🤝

Read more: https://frontu.com/blog/leading-field-service-management-provider-frontu-acquired-by-european-long-term-investor-everfield

Open Circle Capital team wishes all of the founders, investors, partners, and everyone else a Merry Christmas and Prosperous New Year🎄🎆

We look forward to continuing supporting Baltics & Nordics early-stage tech ecosystem in 2024!

It was a pleasure to meet Karolis Žemaitis, Vice-minister of the Economy and Innovation 🇱🇹, and the delegation from Lithuanian Robotics Association & Innovation Agency Lithuania in our second home - Odense, Denmark. 🇩🇰

Fund partner Jens Kristian Damsgaard together with Mikkel Christoffersen, CEO at Odense Robotics shared their tips on how to accelerate Lithuanian robotics and hardware technology sector.

"Lithuania has many talents in the robotics & hardware tech space at research and early commercialization level. By applying the best investing & business building practices, we can take the local ecosystem to the next level and substantially increase the number of commercially viable tech companies which are building super cool technologies with a global impact" - Jens Kristian Damsgaard.

Open Circle Capital team wishes all of the founders, investors, partners, and everyone else a Merry Christmas and Prosperous New Year. 🎉

We look forward to continuing supporting a thriving Baltics & Nordics early-stage tech ecosystem in 2023!