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Inception

450 Lexington Avenue, Suite 4438, New York, NY, 10017, United States

Overview

Inception Fund is a Seattle based venture capital firm focused on cancer biotechnology and late-stage, brand name technology companies. They believe that they are in the Golden Age of Biotech and some of the greatest advancements in technology and discovery will be found in the life sciences. The advancement of biotechnology in the next couple of decades will be instrumental in saving millions of lives.

Total investments
4
Lead investments
1
Investments · 12mo
2
Active investors
0
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Investment portfolio

  • Arcline AI

    Participated · Equity · May 2026

    Moritz positions itself as an 'AI-first (native)' legal provider that takes fixed fees and promises deliveries in hours or days rather than weeks, pairing language models with human lawyers to quality-assure outputs. The founders say Moritz has assisted more than 100 companies in the past three months, with a pipeline of agreements totaling over $2.3 billion and an average delivery time of four hours. The company has recruited more than 50 lawyers as advisors from major firms such as Fenwick, Cooley and Goodwin to ensure quality. In a cited example, Moritz delivered a draft framework agreement for a $290 million transaction in 24 hours versus four weeks for the opposing party's traditional law firm. The founders say the Norwegian base will remain while they tap Bay Area capital and talent, and their long-term goal is to deliver high-quality legal work to everyone in minutes. Moritz recently raised $9 million in the post‑Demo Day round described above.

  • Moritz

    Participated · Equity · May 2026

    Moritz operates a platform where clients submit legal requests, automated workflows handle the majority of drafting and processing, and qualified lawyers review and finalise outputs to provide full legal accountability. The model aims to reduce turnaround times and provide predictable pricing compared with traditional hourly billing. Since launch the company reports supporting more than 100 companies and helping close agreements representing over $2 billion in aggregate contract value across Europe, the United States, and Australia. Moritz was founded by Pamir Ehsas and Stefan Mandaric. The company intends to further develop its platform, expand its network of legal professionals, scale operations across key markets, and eventually extend services beyond commercial law.

  • Term Labs

    Participated · Equity · Jul 2024

    Term Labs develops Term Finance, an auction-based on-chain fixed-rate lending protocol designed to operate at institutional scale. Since launch, Term Finance has serviced over $100 million in volume and posts consistent weekly clearing volumes in the seven-figure range. The protocol uses isolated, modular collateral pools and multiple oracle safeguards (staleness and zero-price checks, fallback oracles, sequencer uptime checks) to mitigate contagion and concentration risk. Term Finance has completed multiple code audits, public GitHub traceability, on-chain verification, and formal verification via Certora's CLI. Term Labs is piloting auctions backed by permissioned real-world assets (RWAs) in partnership with MatrixPort and plans growth tied to tokenization and RWA adoption. The company is launching an invite-only rewards program (Season 1 running through summer into early fall) to engage and reward early adopters. Term Labs is a San Diego, CA–based blockchain research and development company led by CEO Dion Chu. It focuses on developing transparent, scalable fixed-rate lending on blockchains. The company is building Term Finance, a decentralized lending protocol that uses an auction model to support scalable fixed-rate/fixed-term lending. Term Finance aims to bring transparent, low-cost, crypto-native solutions for borrowers and lenders at institutional scale when it launches on Ethereum. Term Labs intends to use the seed funding to develop Term Finance. The company raised $2.5M in Seed funding with participation from multiple blockchain-focused investors and DeFi founders.

  • Penta

    Led · Seed · Feb 2018

    Penta is a digital business-banking platform that lets companies apply for business accounts with German IBANs, issue debit cards for expense management, and access other financial services. The company targets small and medium-sized enterprises and markets its product set to streamline business banking. Founded in 2016 and headquartered in Berlin, Penta also maintains offices in Milan and Belgrade. CEO Marko Wenthin said the new capital will be used to accelerate growth in Germany and to continue developing the product offering for SMEs. Financially, Penta has closed its Series B at a total of €22.5 million following an additional €4 million tranche; the company previously raised more than €8 million in August 2019. Penta is a Berlin-headquartered business banking challenger that provides banking services for small and medium-sized enterprises and also operates in Italy. It offers fully digital account opening, multiple payment cards with staff-specific limits and permissions, expense management, and integrations with popular accounting tools. The company partners with SumUp to enable offline businesses to order card readers via Penta, save on setup fees, and integrate SumUp-powered payments with their Penta accounts. In April 2019 Penta was acquired by Finleap, which remains a major stakeholder; Penta is also a customer of banking platform solarisBank. The company has offices in Milan and Belgrade in addition to its Berlin headquarters and has undergone leadership change with Marko Wenthin replacing co-founder Lav Odorović as CEO. Penta continues to expand its SME banking product through partnerships and market growth efforts. Penta provides business banking services and a financial platform tailored to small and medium-sized enterprises (SMEs). The company was founded in 2016 and was recently acquired by fintech company builder Finleap. Penta has a team of more than 50 and operates from offices in Berlin, Belgrade and Milan, the latter added after a merger with Italian micro-business banking startup Beesy. Leadership changed after the acquisition, with Marko Wenthin — a former co‑founder of solarisBank — replacing co‑founder Lav Odorović as CEO. The company is thought to have had more than €18 million invested since inception, including a €7 million Series A in late 2018, and has now secured over €8 million in additional funding. Management says the new capital will be used to invest in product and partnerships and to push internationalisation, starting with Italy. Penta provides a digital business bank account targeting small and medium-sized enterprises in Germany, built on solarisBank's Banking-as-a-Platform rather than holding its own license. Its product includes features aimed at simplifying SME banking and expense management, notably multi-card support called 'Team Access' that issues multiple MasterCards with customizable rules and permissions per employee. Penta launched in Germany in December and pitches itself against incumbent banks by streamlining account opening and lowering fees for payments and international exchange. The company has grown to a team of 40 and plans to expand to 100 employees over the next year. Operating metrics in the article show 68 percent of new customers are switching from existing business bank accounts and 40 percent are newly incorporated businesses. Financially, Penta has raised funding to date and continues to invest in product and team expansion. Penta offers a digital bank account designed to meet the banking needs of small and medium-sized businesses, including startups. It runs on top of Banking-as-a-Platform solarisBank rather than holding its own banking license. The product includes features for tracking employee spending, automating accounting and invoicing, low-cost FX and multiple MasterCards with configurable limits and permissions. Penta plans to launch a marketplace integrating third-party fintechs and service providers to extend its product set. The company launched publicly in Beta to businesses in Germany in December after operating a wait list. It offers free account opening and 10 free transactions per month, with subsequent transactions charged at €0.10 each.

Team

No current team members are available.