The Venture Codex

Participated · Equity · Oct 2025

Unikraft develops a cloud platform engineered for sub-50 ms cold starts, instant autoscaling, and the ability to host tens of thousands of strongly isolated virtual machines on a single server. The technology stems from research backed by NEC Laboratories Europe and the Linux Foundation and integrates seamlessly with familiar developer tools such as Dockerfiles, Kubernetes, Prometheus, and Grafana. Key performance claims include 10–50 ms workload boots, 10,000–100,000+ VMs per server, and the potential to double requests per second at half the cost of traditional VM deployments. Security is maintained through hardware-level isolation, avoiding the trade-offs commonly associated with containerization. The platform is aimed at companies that need to scale AI workloads without latency or cost constraints. With its recent funding, the company plans to expand both operations and product development efforts. Financially, Unikraft has secured $6 million to date, but no revenue or user figures were disclosed.

Participated · Series A · Sep 2025

BotCity offers a governance and observability platform tailored for Python automations, giving IT and security teams the ability to monitor, audit, and manage scripts and AI agents that are often created outside formal IT processes. The platform brings visibility to so-called “shadow automation,” allowing organizations to innovate with Python while maintaining compliance and security standards. Headquartered in San Francisco, the company operates internationally and serves enterprises that rely heavily on Python for internal workflows. BotCity’s solution targets IT and security leaders who need centralized oversight of decentralized automation efforts spread across business units. The company plans to channel new capital into product development, enhancing features that broaden observability and governance capabilities. Additional proceeds will support global expansion and efforts to scale its customer base. Financial metrics such as revenue or user counts were not disclosed in the article.

Participated · Seed · Aug 2025

Innerworks provides an Advanced User Intelligence platform designed for financial transactions, offering adaptive security that prevents fraudulent transactions while enabling frictionless payments without requiring 2FA. Its system detects and permanently blocks malicious users, preventing them from reappearing under new or stolen accounts. The platform uses over 1,000 data points and is fuelled by a network of ethical hackers via the RedTeam ethical hacking platform to identify user devices with accuracy. The company was co-founded in 2020 by CEO Oliver Quie, CTO Oscar Hayek and CPO Tom Ryan. Innerworks intends to use new funding to expand operations, accelerate development efforts and grow its business reach. The article does not disclose revenues or user metrics.

Participated · Seed · May 2025

Pay-i is a Seattle-based value-intelligence platform for GenAI that helps product, finance, and engineering leaders measure the business impact of model calls, prompts, and tokens. The platform lets users assign explicit dollar or time values to KPIs and compare multiple versions of a use case to identify which model, agent, or prompt delivers the strongest return. A built-in forecasting engine projects those returns forward so companies can prioritize features, remove ineffective changes, and scale GenAI before full production rollout. Pay-i's product is already being used by enterprise teams to assign hard dollar values to GenAI-enhanced features and to A/B test different agents or prompts in production. The company raised $4.9M in seed funding and intends to use the capital to expand operations and accelerate development efforts. Founded by Erik Winters, David Tepper and Doron Holan, Pay-i focuses on tying AI changes to outcomes like revenue growth, task completion time, and CSAT uplift.

Participated · Seed · Apr 2025

HoneyHive offers an enterprise-grade platform for evaluating and monitoring AI agents across the full lifecycle, built on OpenTelemetry standards. The product provides advanced offline evaluation frameworks, OpenTelemetry-based monitoring, systematic detection of edge cases and failure modes, and offers self-hosted and dedicated cloud deployment options for regulated industries. During beta the company saw rapid customer adoption across industries, including Fortune 100 customers in insurance and financial services, and doubled its team size. HoneyHive logged a greater than 50x increase in requests through the platform in 2024. The company plans to use the new funding to accelerate product development and team growth, advance evaluation capabilities for emerging agent architectures, expand observability features, and deepen enterprise integration options. These enterprise-focused features aim to help organizations move AI agents from prototypes to production with greater confidence.