The Venture Codex Logo

The Venture Codex

Combination VC

Ohlstedter Strasse 42b, Hamburg, 22397, Germany

Overview

Early stage venture capital firm supporting product-focused founders.

Founded

2019

Deals · 12mo

4

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Germany
Switzerland
United States

Sector focus

—

Investment portfolio

7rounds
NAMEDATESIZE
JUPUS
Jun 2026Participated
$15 MSeries A
Openlaw
Apr 2026Participated
$3 MSeed
Konvo AI
Jan 2026Participated
$4 MSeed
Peec AI
Nov 2025Participated
$21 MSeries A
Peec AI
Jul 2025Participated
$6 MSeed
JUPUS
Jun 2024Led
$1 MSeed
Helio
Oct 2023Participated
$5 MOther Equity
JUPUS
Jun 2026Participated
$15 MSeries A
Openlaw
Apr 2026Participated
$3 MSeed
Konvo AI
Jan 2026Participated
$4 MSeed
Peec AI
Nov 2025Participated
$21 MSeries A
Peec AI
Jul 2025Participated
$6 MSeed
JUPUS
Jun 2024Led
$1 MSeed
Helio
Oct 2023Participated
$5 MOther Equity
7
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Combination VC: 7 funding rounds are recorded in the selected participation categories.All available history.
Combination VC: 7 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed13
Series A02
Other Equity01

Monthly Deal Activity

Combination VC: 7 deals are recorded across 37 months.All available history.
Combination VC: 7 deals are recorded across 37 months. All available history
MonthDeals
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 '250
Sep '250
Oct '250
Nov '251
Dec '250
Jan '261
Feb '260
Mar '260
Apr '261
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Combination VC: AI & Machine Learning is the largest displayed sector by deal count (5 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.

Combination VC: AI & Machine Learning is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
AI & Machine Learning5
Enterprise Software4
Professional Services3
Data, Analytics & IT3
Marketing & Advertising2
E-Commerce & Retail2
Networks, Cloud & Communication1
Clean Energy & Sustainability1
Space & Frontier Tech1
Developer Tools1

Deal Size Distribution

Combination VC: 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.

Combination VC: 7 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M2
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Combination VC: Europe has the largest recorded deal count among the displayed regions (7 deals).All available history.

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

Combination VC: Europe has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Europe7
Combination VC: 20 co-investors are shown, with Antler sharing 2 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.

Combination VC: 20 co-investors are shown, with Antler sharing 2 recorded deals. All available history
Co-investorShared deals
Antler2
High-Tech Grunderfonds2
Identity Ventures2
S20 Fund2
20VC1
Abac Nest1
Acton Capital Partners1
Cloud Angel Investors1
Foreword VC1
Itnig1
JME Ventures1
Moonfire Ventures1
NRW.BANK1
Orange Collective1
QBIT Capital1
Rockstart1
ROI Ventures1
Samaipata1
seed + speed Ventures1
Semapa Next1

Investment Strategy

Combination VC: Led accounts for 14% and participating for 86% of round participation.All available history.
Combination VC: Led accounts for 14% and participating for 86% of round participation. All available history
CategoryDeals (count)Share (%)
Led114%
Participating686%
Combination VC: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Combination VC: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

No team members found for this fund.