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The Venture Codex

Overview

Investment firm focusing on young tech companies in early stages.

Deals · 12mo

1

Stage focus

Seed

Geographic focus

Austria

Sector focus

—

Investment portfolio

2rounds
NAMEDATESIZE
2ndCycle
Oct 2025Participated
$1 MOther Equity
mypaperwork
Sep 2025Led
$0.58 MSeed
2ndCycle
Oct 2025Participated
$1 MOther Equity
mypaperwork
Sep 2025Led
$0.58 MSeed
2
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Insights

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Deal Distribution

Angels United: 2 funding rounds are recorded in the selected participation categories.All available history.
Angels United: 2 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed10
Other Equity01

Monthly Deal Activity

Angels United: 2 deals are recorded across 14 months.All available history.
Angels United: 2 deals are recorded across 14 months. All available history
MonthDeals
Sep '251
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

Angels United: Manufacturing is the largest displayed sector by deal count (1 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.

Angels United: Manufacturing is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Manufacturing1
AI & Machine Learning1

Deal Size Distribution

Angels United: 2 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.

Angels United: 2 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Angels United: Europe has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Angels United: Europe has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Europe2
Angels United: 3 co-investors are shown, with Buzzard Energy sharing 1 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.

Angels United: 3 co-investors are shown, with Buzzard Energy sharing 1 recorded deals. All available history
Co-investorShared deals
Buzzard Energy1
eQventure1
Müller Gutenbrunn Group1

Investment Strategy

Angels United: Led accounts for 50% and participating for 50% of round participation.All available history.
Angels United: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led150%
Participating150%
Angels United: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Angels United: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1100%
Co-led00%

Team

Hermann Futter

Co-Founder

Karl Büche

Co-Founder

Markus Ertler

Co-Founder

Michael Edtmayer

CEO and Co-Founder

Nikolaus Futter

Co-Founder