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The Venture Codex

Overview

Local investment fund supporting startups and SMEs across industries.

Deals · 12mo

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Stage focus

Geographic focus

France

Sector focus

Business Development
Finance
Financial Services
Venture Capital

Investment portfolio

  • SOTERIA LAB

    Participated · Equity · Nov 2024

    Soteria Lab is a cybersecurity services provider founded 10 years ago by Clément Joliot and Pierre Veutin. Its core offerings include technical and organizational audits, pentesting, training, incident response, and a Cyber Range added two years ago. The company has developed HOPLITE, a modular, end-to-end managed service aimed at organisations with 10–200 workstations and operated from its security operations centre in Nancy. Soteria completed its first equity fundraising of more than €800k to accelerate growth and implement a strategy adapted to TPE/PME. Planned uses of proceeds include launching a dedicated commercial organisation (operational September 2024), increasing pentesting capacity, and developing an advanced client dashboard. The firm positions cybersecurity as a suite of complementary services focused on organisational resilience rather than isolated technology point solutions.

  • ADEMUS

    Participated · Equity · May 2024

    Ademus designs and manufactures electric motorcycles in its Toul (Meurthe‑et‑Moselle) workshops under the Medusa brand. Founded in 2020 by Arts et Métiers engineer Thomas Salquebre, the company emphasizes sensory riding experiences and has developed a controllable, disconnectable mechanical‑style sound for its bikes. It completed initial prototyping to demonstrate disruptive technical systems that differentiate its motorcycle from competitors. Ademus plans to accelerate prototype road testing, offer its technologies to actors in the automotive value chain, and expand its team. The company recently closed a €600,000 fundraising and is supported by Yeast, Groupe ILP, Bpifrance, Région Grand Est, Caisse d’Epargne and local business angels. Management says the next fundraising will target homologation and industrialization of the motorcycle and its technologies.

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