Ovido offers an AI-powered platform that automates product and supply chain data collection, supplier collaboration, and regulatory compliance workflows, including a DPP builder and AI document parsing. The platform enables companies to request data from suppliers without sign-ups and centralises fragmented, manual processes (PDFs, Excels, legacy ERPs) to provide enterprise-grade insights to SMEs. Ovido is positioned to help manufacturers meet new EU requirements such as the Digital Product Passport and Ecodesign for Sustainable Products Regulation by structuring product-level information on sustainability, safety, and recyclability. The company targets the textile industry first and plans broader go-to-market expansion across Europe, with future verticals including packaging and consumer goods and initial steps in the chemical sector with Kiilto. Ovido emphasises affordability and accessibility for organisations with limited digital infrastructure, aiming to turn compliance into a competitive advantage. The company recently raised seed financing to accelerate product development, grow the team, and scale commercial efforts.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2025