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Tensor Ventures invests $800K
January 28, 2025·2 min read

Joy Laoun

News Editor, Vestbee

Prague's VC firm Tensor Ventures invests $800k in US-based startup Openvibe

US-based mobile app Openvibe, which unites social networks like Mastodon, Bluesky, Nostr, and Threads in a single interface, has raised $800,000 in seed funding to drive the decentralization of social media, as Vestbee was told. The round was supported by Tensor Ventures, Czech Founders VC, and Automattic.

  • Established in 2023 by Matej Svancer, Openvibe develops a mobile app that unifies decentralized social networks like Mastodon, Bluesky, Nostr, Threads, and more into a single, intuitive platform.
  • The app enables seamless communication across multiple networks while giving users complete control over their social space. Openvibe is reshaping online engagement by offering an open and inclusive solution for users frustrated by the isolation of traditional social platforms.

Details of the deal

  • The funding round was led by Czech Founders VC, a "founders for founders" VC that supports startups with global ambitions from the Czech Republic, Slovakia, and the wider CEE region. Backed by over 45 top tech founders, they provide capital, mentorship, and expert guidance through their Sherpa accelerator.

"At Czech Founders VC, we strongly believe in Openvibe's mission to bring users a more open and inclusive social media experience. We believe now is the best time for a platform emphasizing user freedom of choice and true community," co-founder and General Partner at Czech Founders VC, Ivan Kristel, stated in a press release.

"We are excited to support Matěj and the Openvibe team in their efforts to bring a more open, inclusive, and innovative social media experience to users worldwide," Jake McNamara Ackroyd, from Automattic, commented.

  • Openvibe plans to use the funds to speed up product development, grow its user base, and integrate with more emerging social platforms. The company will focus on improving its app, expanding its team, and building its brand globally.
     

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