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The Venture Codex

20VC

16 Berkeley Mews, London, W1H 7AY, United Kingdom

Overview

TheTwentyMinuteVC is a twenty-minute VC podcast about finance, business development, and investment.

Total investments
81
Lead investments
24
Investments · 12mo
37
Active investors
5

Sector focus

  • Business Development
  • Finance
  • Podcast
  • Venture Capital
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Investment portfolio

  • Rivo

    Participated · Seed · Aug 2026

    Rivo connects to users' existing bank accounts, monitors cash flow in real time, and automatically moves idle balances into higher-yield U.S. Treasury securities through its banking partner, Jiko, returning funds before bills are due. Users do not need to change banks, move money manually, or alter their behavior to receive higher yields. Rivo emphasizes handling edge cases—shifted pay cycles, early bills, shared accounts—drawing on a founding team with experience from Cruise, Amazon, Personal Capital, Mint, Capital One, JPMorgan Chase, Microsoft, and LinkedIn. The company launched out of beta and opened to the public concurrent with its seed financing. Rivo disclosed that treasury investments are provided by Jiko Securities and that securities in accounts are protected by SIPC up to applicable limits. The firm highlighted the scale of idle checking balances in the U.S. as context for its product but did not disclose revenue or user metrics in the announcement.

  • Fireworks AI

    Participated · Series D · Jul 2026

    Fireworks AI is described as a startup focused on AI infrastructure solutions. The company recently completed a $1.5 billion funding round that values it at $17.5 billion, indicating strong investor interest and a significant jump in its financial profile. The round was led by Atreides Management, Index Ventures, and TCV, with contributions from NVIDIA, Evantic, and Lightspeed Venture Partners. Public reporting frames the raise as part of growing investor confidence in AI infrastructure. The articles do not provide details on specific products, revenue, users, founding year, location, or operational metrics.

  • ZML

    Participated · Equity · Jul 2026

    ZML develops inference-performance software, notably its newly launched LLM inference server ZML/LLMD, which enables a range of open-source large language models to run across Nvidia, AMD, Google TPU, Apple Metal, Intel Arc and other chips. The company’s earlier public project was an open-source inference-focused ML framework released in 2024 and updated in March; ZML/LLMD itself is not open source but launched as a free product to gather usage data. Founder Steeve Morin, formerly VP of engineering at Zenly, leads a tight team of about 20 people based in Paris. ZML positions itself to reduce vendor lock-in and allow enterprises and cloud providers to use mixed chip fleets for cost and energy efficiency. Its cap table includes prominent founders and researchers such as Solomon Hykes, Hugging Face’s Clément Delangue and Julien Chaumond, and Yann LeCun, signaling strong industry support. The company has raised $20 million from a syndicate of VCs to accelerate product development and future releases, while competing with inference-focused startups like Baseten, Inferact, and RadixArk.

  • Agentic AI

    Participated · Seed · Jun 2026

    Agentic AI develops agentic AI solutions tailored to the finance industry. The company was co-founded by a former GTM leader and an ex–Apple Pay engineer. It has already secured multiple large logo clients and is scaling sales through founder-led efforts, projecting approximately $1M ARR. Agentic AI recently closed a $4M Seed round backed by 20VC and Y Combinator. The firm is actively expanding its commercial team, hiring three founding business development representatives in London with advertised cash compensation and equity. Articles provided do not disclose additional product details, founding year, or historical financials.

  • Theker

    Participated · Series A · Jun 2026

    Theker develops AI-native generalist robots designed to operate autonomously and adapt in real time to changing industrial environments. Its technology targets industries such as logistics, retail, food and beverage, and waste management and is being deployed to address labour shortages in manufacturing and retail. The company positions its robots as a new category compared with traditional rigid, task-specific industrial robots. Founded in 2022 and based in Barcelona, Theker has raised €18 million in seed funding and an $85 million Series A. The firm plans to use the new capital to accelerate deployments with industrial operators, deepen its proprietary AI and robotics stack, and expand engineering and deployment teams.

Team