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The Venture Codex

Overview

Invests in early-stage tech for building innovation and energy transition.

Founded

2019

Deals · 12mo

1

Stage focus

Series A

Geographic focus

Belgium
Estonia
Singapore
The Netherlands

Sector focus

Artificial Intelligence (AI)
Construction
Internet of Things
Real Estate
...

Investment portfolio

7rounds
NAMEDATESIZE
Powerhouse
Oct 2025Led
$0.87 MSeed
Bisly
Aug 2025Participated
$5 MOther Equity
NineID
Jul 2025Participated
$4 MOther Equity
Bisly
Jun 2024Participated
$7 MSeries A
Bisly
Oct 2023Led
$4 MOther Equity
nami
Jul 2023Participated
$11 MSeries A
Chainels
Jan 2023Led
$3 MSeries A
Powerhouse
Oct 2025Led
$0.87 MSeed
Bisly
Aug 2025Participated
$5 MOther Equity
NineID
Jul 2025Participated
$4 MOther Equity
Bisly
Jun 2024Participated
$7 MSeries A
Bisly
Oct 2023Led
$4 MOther Equity
nami
Jul 2023Participated
$11 MSeries A
Chainels
Jan 2023Led
$3 MSeries A
7
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Aconterra: 7 funding rounds are recorded in the selected participation categories.All available history.
Aconterra: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Series A12
Other Equity12

Monthly Deal Activity

Aconterra: 7 deals are recorded across 46 months.All available history.
Aconterra: 7 deals are recorded across 46 months. All available history
MonthDeals
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '231
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '251
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Aconterra: Enterprise Software is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Aconterra: Enterprise Software is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Enterprise Software4
Cybersecurity & Privacy2
Networks, Cloud & Communication1
Marketing & Advertising1
Hardware & Robotics1
Health & Life Sciences1
AI & Machine Learning1
Professional Services1
Clean Energy & Sustainability1
Real Estate & Construction1

Deal Size Distribution

Aconterra: 7 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Aconterra: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M1
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Aconterra: Europe has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Aconterra: Europe has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
Europe6
Singapore1
Aconterra: 11 co-investors are shown, with Pinorena Capital sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Aconterra: 11 co-investors are shown, with Pinorena Capital sharing 3 recorded deals. All available history
Co-investorShared deals
Pinorena Capital3
SmartCap3
2C Ventures1
AMAVI Capital1
Capricorn Venture Partners1
Entourage1
INSPiRE1
Pitchdrive1
REACH1
Second Century Ventures1
Verizon Ventures1

Investment Strategy

Aconterra: Led accounts for 43% and participating for 57% of round participation.All available history.
Aconterra: Led accounts for 43% and participating for 57% of round participation. All available history
CategoryDeals (count)Share (%)
Led343%
Participating457%
Aconterra: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Aconterra: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Frederik Stappers

Senior Investment Analyst

Ron Schuermans

Founding partner

Tim Govaert

Venture Partner