The Venture Codex

Participated · Series A · May 2026

Quanscient develops a cloud-based, code-driven multiphysics simulation platform combined with quantum algorithms and AI integration to accelerate hardware engineering. Its platform aims to shorten development cycles, reduce reliance on physical prototypes, and decrease simulation runtimes while producing large volumes of physics data for AI models. The company reports industrial customers across Europe, North America, and Japan, including Fortune 100 firms. Quanscient plans to use the Series A proceeds to expand internationally and continue developing its simulation, quantum computing, and AI capabilities. The company positions its architecture as a foundation for physics-aware AI models for engineering design. No revenue or other financial metrics were disclosed in the article.

Participated · Seed · May 2026

CRACI builds a platform that provides visibility across software supply chains while automating vulnerability tracking, lifecycle management and compliance processes. The company positions its product to help organisations meet requirements of the EU Cyber Resilience Act, including supply chain control, traceability and continuous security. CRACI says its platform aims to enable compliance without slowing software development amid rising complexity from third-party components, open-source dependencies and AI-generated code. Founded in 2025 by Juho Niemi, Dennis Marttinen, Jaakko Sirén and Petteri Pulkkinen, the Finnish startup raised €1.4M in pre-seed funding to support product development and expansion ahead of the 2026 regulatory changes.

Led · Seed · Mar 2026

Endform provides a platform that accelerates browser-based end-to-end testing by distributing each Playwright test to its own cloud machine so entire suites can execute in parallel. This approach reduces total testing time to roughly the duration of the single slowest test rather than the sum of tests run sequentially. The company charges on a pay-per-use basis, billing by minutes of actual test infrastructure consumed. Endform launched publicly in March 2025 and has already attracted customers in Sweden and the United States. Early adopter Lovable reported cutting its Playwright suite runtime in half, subsequently tripling test coverage while keeping execution time flat, and now runs more than 80,000 tests per week. After securing €1.5 million in seed funding, Endform plans to use the proceeds to grow the team and accelerate platform adoption.

Participated · Seed · Mar 2026

Elva is a Nordic startup that helps growth-stage companies hire internationally by turning the fragmented relocation process into a single digital workflow. Its platform automates tasks such as securing work permits, managing local registrations, arranging housing, and opening bank accounts, while layering in expert human support. By integrating these steps, Elva allows employers to track every relocation requirement in one place rather than juggling multiple providers and government agencies. The service is aimed at venture-backed startups that need to move highly skilled employees quickly and compliantly within Europe. Founders Antonia Eneh, Zechen Ma, and Mengyang Chen conceived the idea after repeatedly assisting portfolio companies with cross-border hiring and witnessing the administrative bottlenecks first-hand. Their combined backgrounds in venture capital, startup operations, and product development informed the product’s design and market positioning. The company’s goal is to make global hiring feel as seamless as hiring locally, giving European startups a competitive edge in recruiting top talent.

Participated · Seed · Jun 2025

FinanceKey is a Finnish real-time cash management platform that connects banking, ERP, and treasury systems to standardise financial data and automate reconciliations and payments. The platform delivers real-time visibility, end-to-end automation, and control in a single, unified dashboard or as an integrable solution with no custom development required. FinanceKey is designed for large, multinational treasury teams and is already used by clients including Nors, Bravedo, and Obton. The company reports over €1.5 billion in payments automated to date and steady month-over-month growth. Founded by former Nokia treasury leaders, FinanceKey emphasizes reducing manual workload and improving precision and agility for finance teams. The product roadmap and go-to-market plans include scaling the client base, expanding across Europe, and accelerating product development and team growth.