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The Venture Codex

Overview

Dedicated investment fund for HealthTech startups in Europe.

Founded

2019

Deals · 12mo

3

Stage focus

Seed
Series A

Geographic focus

France
Germany
Poland
Switzerland
...

Sector focus

Financial Services
Health Care
Information Technology

Investment portfolio

23rounds
NAMEDATESIZE
Vocca
Oct 2026Participated
$20 MSeries A
Aitiologic
Sep 2026Led
$7 MSeed
Ditto
May 2026Led
$9 MSeed
FormlyAI
Sep 2025Led
$2 MSeed
CGC Genomics
Apr 2025Participated
$2 MSeed
Apheris
Jan 2025Participated
$21 MSeries A
Heim Health
Nov 2024Led
$3 MSeed
Paloma Health
Nov 2024Participated
$3 MSeed
Parto
Oct 2024Participated
$3 MOther Equity
Spotlight Medical
Jul 2024Led
$7 MSeed
Gleamer
Jun 2023Led
$30 MSeries B
Hema.to
Jun 2023Participated
$4 MSeed
Vocca
Oct 2026Participated
$20 MSeries A
Aitiologic
Sep 2026Led
$7 MSeed
Ditto
May 2026Led
$9 MSeed
FormlyAI
Sep 2025Led
$2 MSeed
CGC Genomics
Apr 2025Participated
$2 MSeed
Apheris
Jan 2025Participated
$21 MSeries A
Heim Health
Nov 2024Led
$3 MSeed
Paloma Health
Nov 2024Participated
$3 MSeed
Parto
Oct 2024Participated
$3 MOther Equity
Spotlight Medical
Jul 2024Led
$7 MSeed
Gleamer
Jun 2023Led
$30 MSeries B
Hema.to
Jun 2023Participated
$4 MSeed
23
Items
...
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Insights

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Deal Distribution

Heal Capital: 23 funding rounds are recorded in the selected participation categories.All available history.
Heal Capital: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed65
Series A25
Series B12
Other Equity11

Monthly Deal Activity

Heal Capital: 23 deals are recorded across 76 months.All available history.
Heal Capital: 23 deals are recorded across 76 months. All available history
MonthDeals
Jul '201
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '211
Mar '210
Apr '211
May '210
Jun '211
Jul '210
Aug '210
Sep '211
Oct '210
Nov '210
Dec '211
Jan '221
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '221
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '232
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '241
Aug '240
Sep '240
Oct '241
Nov '242
Dec '240
Jan '251
Feb '250
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '261
Jun '260
Jul '260
Aug '260
Sep '261
Oct '261

Sector Breakdown

Heal Capital: Health & Life Sciences is the largest displayed sector by deal count (18 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.

Heal Capital: Health & Life Sciences is the largest displayed sector by deal count (18 deals). All available history
SectorDeals
Health & Life Sciences18
AI & Machine Learning13
Enterprise Software6
Fintech3
Cybersecurity & Privacy2
Data, Analytics & IT2
Consumer & Lifestyle1
Networks, Cloud & Communication1
Marketing & Advertising1
Hardware & Robotics1
Professional Services1
Space & Frontier Tech1

Deal Size Distribution

Heal Capital: 23 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.

Heal Capital: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M5
$10M-$25M6
$25M-$50M4
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Heal Capital: Europe has the largest recorded deal count among the displayed regions (19 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Heal Capital: Europe has the largest recorded deal count among the displayed regions (19 deals). All available history
RegionDeals
Europe19
United States3
Japan1
Heal Capital: 20 co-investors are shown, with Octopus Ventures sharing 3 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.

Investment Strategy

Heal Capital: Led accounts for 43% and participating for 57% of round participation.All available history.
Heal Capital: Led accounts for 43% and participating for 57% of round participation. All available history
CategoryDeals (count)Share (%)
Led1043%
Participating1357%
Heal Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Heal Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead550%
Co-led550%

Team

Christian Lautner

Managing Partner

Christian Weiss

Venture Partner

Eckhardt Weber

Co-Founder and Managing Partner

Lucas Mittelmeier

Investment Professional

Marta Michniewicz

Platform Manager

Marta Mrozowicz

Investment Manager

Peter Wibbe

Founding Partner

Vahid Asimi

Investment Professional