# TrueOcean funding: rounds and investors

> TrueOcean has raised $250K across 1 round since 2022. Investors include Newchip Accelerator. Every round with its source.

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

Germany · [Series A startup](https://millionrounds.com/companies)

# Who invested in *TrueOcean*

One round we have observed, with the one investor 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.

IT Services

Funding summary Updated 26 Oct 2026

**$250K** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $250K Dec 2022
- **Investors:** 1

See who backed them

## The rounds

- **Dec 2022** Series A **$250K** [Newchip Accelerator](https://millionrounds.com/fund/newchip-accelerator) Source recorded

## Founders and team

From TrueOcean's own website: 4 on the team.

- **Frithjof Hennemann** CEO
- **Jann Wendt** CEO
- **Frank Stoltz** CFO
- **Jörg Müller** CTO

## Everyone who backed them

[Newchip Accelerator](https://millionrounds.com/fund/newchip-accelerator) Accelerator **1** round

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

## Quick answers about TrueOcean

### Who invested in TrueOcean?

TrueOcean's investors include Newchip Accelerator.

### How much has TrueOcean raised?

TrueOcean has raised $250K across 1 round since 2022.

### When did TrueOcean last raise?

TrueOcean's most recent round was a Series A of $250K in Dec 2022.

### What was TrueOcean's biggest round?

Its most recent round, $250K in Dec 2022, is also its largest on record.

### Who backed TrueOcean first?

TrueOcean's first round on record, in Dec 2022, was backed by Newchip Accelerator.

### What stage is TrueOcean at?

TrueOcean's latest named round is a Series A, in Dec 2022.

### Where is TrueOcean based?

TrueOcean is based in Germany.

## Companies like TrueOcean

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

[**OllyGarden** $5.6M · Oct 2026](https://millionrounds.com/company/ollygarden)[**Alqem** $9.1M · Jul 2026](https://millionrounds.com/company/alqem)[**EleQtron** $67M · Jun 2026](https://millionrounds.com/company/eleqtron)[**INXM** $6.6M · Jun 2026](https://millionrounds.com/company/inxm)[**welevel** $14M · May 2026](https://millionrounds.com/company/welevel)[**Linexa** $2.4M · Apr 2026](https://millionrounds.com/company/linexa)

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