"Unique data is really the key" – this veteran tech VC shares which AI is really worth investing in
3 apr. 2025
07:11
AI solutions abound in the impact space, with algorithms purporting to be able to find emissions-reduction opportunities in supply chains, predict climate events and even direct farmers where to plant.
Impact Loop sat down with a veteran tech investor to talk about how to distinguish between the projects with real potential, and the time-wasters.
Impact Loop sat down with a veteran tech investor to talk about how to distinguish between the projects with real potential, and the time-wasters.
Sitting in the Helsinki office of pan-European VC OpenOcean, General Partner Tom Henriksson is reflecting on his long history with the databases undergirding the modern internet. OpenOcean roughly emerged from the connections formed around an initial stake in MySQL, the open-source database software which is still to be found behind some of the most used web apps and websites today. That investment, around the turn of the millennium, would prove prescient.
“We took a big leap,” said Henriksson. “And obviously it became something excellent, with a billion dollar exit to Sun Microsystems in 2008.”