The Venture Codex

Participated · Seed · Nov 2025

Extellis designs and plans to operate satellites built to capture high-frequency synthetic aperture radar (SAR) imagery, with the company claiming each satellite can capture thousands of images per day using patented antenna technology developed at Duke University from DARPA-sponsored research. The platform is intended to provide consistent monitoring that works at night and through clouds, smoke and other conditions that limit optical imagery. Extellis targets infrastructure operators and industrial companies—such as pipeline, transportation and energy facility operators—that need frequent, wide-area visibility of distributed assets. The company is preparing a pathfinder mission to test technology and operating capabilities ahead of broader commercial service and is building the infrastructure required to serve industrial customers. Extellis recently expanded its seed financing with investment from Shell Ventures to support the pathfinder mission, team expansion and progress toward commercial operations. The company positions its offering as an alternative to helicopters, ground inspections and optical satellite imagery for more dependable, high-frequency monitoring.

Participated · Seed · Apr 2025

Sagittal AI's flagship product, Neo, integrates into existing team workflows to complete entire development tasks without forcing developers to copy and paste information between systems. Neo operates across the lifecycle—helping with ticket creation, pull requests and deployment—to reduce context-switching and eliminate common bottlenecks. The company argues that embedding AI throughout the process, even if imperfect, creates more measurable value than perfect AI confined to a single step. Telefónica is a customer, using Neo across 17 of its development teams. Sagittal raised $2.2M in pre-seed funding to launch Neo and accelerate growth of the platform. The company plans to extend Neo’s capabilities to cover the entire product development lifecycle and drive broader enterprise adoption.

Participated · Seed · Dec 2023

Imaginario AI provides an AI-powered platform and API that simplifies and accelerates processes related to multimedia content creation and understanding. The company processes video and audio content and says major studios and media companies—including Warner Bros. Discovery, Universal Pictures and Cineverse—have reported significant time savings using its solutions. Founded in 2021 by Jose Puga and Abdelhak Loukkal in Tunis, Imaginario AI has built technology aimed at media and content workflows. In December 2023 the company raised $1.0M in a pre-seed round led by 216 Capital. Additional participants included Blue Lake VC, Earthling Ventures, Comcast NBCUniversal, Techstars and a series of business angels. The funding will be used to support international expansion and to grow teams in the United States, Europe and the MENA region.

Led · Seed · Mar 2023

Connectd operates an AI-driven matching platform that pairs startups and scaleups with fractional executives and strategic advisors, using financial data to identify when specific expertise is needed. The company serves a community of over 3,000 fractional professionals and over 3,000 startups and has facilitated more than 25,000 connections including investments, board appointments and fractional hires. It also runs an Innovation Academy that trains and supports future fractional workers on topics such as personal branding, governance and monetisation. Connectd reports 80% growth this year and has surpassed £8.6 million in annual recurring revenue. The platform is UK- and US-based and was founded in 2019. Connectd has raised $16 million to date prior to this round. Connectd offers a data-driven platform that connects entrepreneurs and startups with investors and NEDs to secure growth opportunities. The technology helps organisations and individuals find each other while cutting out middlemen in the investment cycle. Following developments in 2022, including tools for legal and portfolio management, the platform has continued to attract founders, investors and advisors at scale. The company is led by founder and CEO Roei Samuel and is based in London, UK. Connectd intends to use the new funding to expand its data capabilities, grow corporate enterprise offerings, bolster customer support, and develop new tools and features for its community. The company raised $2.6M in this Seed round, bringing total funding to $5.6M. Connectd is a community network that helps entrepreneurs and startups find investors and advisors through a data-driven approach that aims to cut out middlemen. The platform operates on a subscription-based model and has grown on average 16% every month since its launch. Since launching in February 2020 it has brought together more than 1,000 startups and over 1,000 investors and business advisors, facilitating more than 20,000 connections across more than ten countries. The company plans to expand into the European market (it opened an office in Stockholm) and to launch two new tools: a legal tool to help founders and investors establish essential documentation and a portfolio solution for angel investors. The technology focuses on matching startups with relevant, strategic opportunities and partners to support growth aspirations. The company was founded by Roei Samuel and has raised over $3 million in total funding to date. Connectd is a growth marketplace that uses smart matching technology and curation tools to connect startups, investors and advisors. Its platform enables founders to create deep progress reporting for investors and allows investors to target opportunities through data, while offering networking and peer-to-peer learning. Launched in February 2020 and co-founded by Roei Samuel, the subscription-based company has helped almost 100 businesses raise capital and is used by analysts from VCs including 8Roads, Octopus, Piton Capital and Second City Ventures, plus over 1,000 angel investors, family offices and advisors. The team has grown to 23 people. Connectd plans to use its new funding to fuel recruitment, build out the product and prepare for international expansion in 2022. The company operates a subscription model and raised seed funding to support these growth activities.

Led · Seed · Apr 2022

Electric Miles offers a smart charging service that charges EVs at the cheapest and greenest times, promising drivers up to 40% savings on electricity costs. The platform provides demand flexibility to the grid by controlling charge timing based on the grid ecosystem and driver-set "car ready time." The company works with charger manufacturers, resellers and installers, and has tools for installation (Installer Miles), support/diagnostics (Admin Miles), a driver app (Electric Miles) and a grid flexibility product (Flexibility Miles). Electric Miles has a patent-pending solution covering the full smart-charging spectrum from installation to grid flexibility. It agreed a three-year deal with Project EV last year to exclusively control around 100,000 chargers on its smart charging platform. The company plans to scale its user base to 100,000 in the next 24 months, double its team, and expand to the US and Europe in 2023.