# Otovo funding: rounds and investors

> Otovo has raised $7.3M across 1 round since 2026. Investors include Franklin Templeton and Startuplab. Every round with its source.

Source: https://millionrounds.com/company/otovo (Millionrounds; every figure on the page links to its filing or article)

Norway · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Otovo*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Raised 4 months ago

Funding summary Updated 26 Oct 2026

**$7.3M** raised across 1 round since 2026, from 1 source

- **Latest round:** Round, $7.3M Jul 2026
- **Investors:** 2

See who backed them

[**Otovo** Cleantech 1 / 15 Their pitch deck **Otovo's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/otovo)

## The rounds

- **Jul 2026** Round **$7.3M** [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Startuplab](https://millionrounds.com/fund/startuplab) Source recorded

## Founders and team

From Otovo's own website: 1 founder, 6 on the team.

**John Berger** Founder & CEO

- **Jennifer Santoscoy** Chief Financial Officer
- **Jack Berger** VP, Technology & AI
- **Matt Alestra** VP, Operations - US
- **Nick Sherman** Head of Global Sales
- **Tonia Meyer** VP, Marketing & Partnerships
- **Eleanor Gilbane** General Counsel

## Everyone who backed them

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round

[Startuplab](https://millionrounds.com/fund/startuplab) Accelerator **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=otovo).

## Quick answers about Otovo

### Who invested in Otovo?

Otovo's investors include Franklin Templeton and Startuplab.

### How much has Otovo raised?

Otovo has raised $7.3M across 1 round since 2026.

### When did Otovo last raise?

Otovo's most recent round was an Undisclosed round of $7.3M in Jul 2026.

### What was Otovo's biggest round?

Its most recent round, $7.3M in Jul 2026, is also its largest on record.

### Who backed Otovo first?

Otovo's first round on record, in Jul 2026, was backed by Franklin Templeton and Startuplab.

### What stage is Otovo at?

Otovo's latest named round is an Undisclosed round, in Jul 2026.

### Where is Otovo based?

Otovo is based in Norway.

## Companies like Otovo

In the same sector, and raised in the last eighteen months.

[**HydrogenPro** $14M · Jun 2026](https://millionrounds.com/company/hydrogenpro)[**Photoncycle** $17M · Mar 2026](https://millionrounds.com/company/photoncycle)[**Flocean** $23M · Nov 2025](https://millionrounds.com/company/flocean)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)

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