General inquiries
info@arcternventures.com
Offices
Toronto, Canada
2 Bloor Street West, Suite 504
Toronto, ON, Canada, M4W 3E2
info@arcternventures.com

San Francisco, USA
350 California St
San Francisco, CA 94104, USA

Oslo, Norway
Rebel, 17th Floor
Universitetsgata 2, 0164 Oslo, Norway

Contact
After welcoming Vitruvian Partners as its new majority owner, Aquabyte CEO, Steve Tucker, sat down with Dinesh Ganesan from ArcTern to reflect on the journey behind the deal.
In the conversation, Steve shares what it really takes to scale a deep-tech company — from building AI that works in the real world to growing a global business from Norway. He also offers candid advice for founders preparing for an exit, stressing the importance of honesty, culture, and choosing partners you want to work with long after the transaction closes.
Aquabyte’s story highlights how long-term company building, customer focus, and disciplined execution lay the groundwork for successful ownership transitions.
“A majority transaction isn’t just a new owner — it’s a new partner.”
“Don’t oversell. You’re looking for someone to help take the business further.”
Watch the full video below.
Read more about Aquabyte and Vitruvian here.