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The Venture Codex

Overview

Venture capital firm investing in technology companies and entrepreneurs.

Founded

2012

Deals · 12mo

26

Stage focus

Seed
Series A
Series B

Geographic focus

Germany
United Kingdom
United States

Sector focus

FinTech
Real Estate
Telecommunications

Investment portfolio

164rounds
NAMEDATESIZE
Modulate
Sep 2026Participated
$25 MSeed
Exein
Sep 2026Participated
$270 MSeries C
Twin1
Aug 2026Participated
$20 MSeed
Mindgard
Aug 2026Participated
$30 MSeries A
Cambridge Aerospace
Aug 2026Participated
$300 MSeries C
Agon
Jul 2026Participated
$30 MSeed
Neko Health
Jul 2026Participated
$700 MSeries C
Dominion Dynamics
Jun 2026Participated
$98 MSeries A
SE3 Labs
Jun 2026Led
$6 MOther Equity
Timefold
Jun 2026Participated
$13 MSeries A
Isar Aerospace
Jun 2026Participated
$312 MSeries D
Pit
May 2026Participated
$16 MSeed
Modulate
Sep 2026Participated
$25 MSeed
Exein
Sep 2026Participated
$270 MSeries C
Twin1
Aug 2026Participated
$20 MSeed
Mindgard
Aug 2026Participated
$30 MSeries A
Cambridge Aerospace
Aug 2026Participated
$300 MSeries C
Agon
Jul 2026Participated
$30 MSeed
Neko Health
Jul 2026Participated
$700 MSeries C
Dominion Dynamics
Jun 2026Participated
$98 MSeries A
SE3 Labs
Jun 2026Led
$6 MOther Equity
Timefold
Jun 2026Participated
$13 MSeries A
Isar Aerospace
Jun 2026Participated
$312 MSeries D
Pit
May 2026Participated
$16 MSeed
164
Items
...
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Insights

Time horizon

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Deal Distribution

Lakestar: 164 funding rounds are recorded in the selected participation categories.All available history.
Lakestar: 164 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed2117
Series A1518
Series B1122
Series C+425
Other Equity921
Debt10

Monthly Deal Activity

Lakestar: 164 deals are recorded across 176 months.All available history.
Lakestar: 164 deals are recorded across 176 months. All available history
MonthDeals
Mar '121
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '131
Oct '130
Nov '130
Dec '130
Jan '140
Feb '141
Mar '141
Apr '140
May '140
Jun '140
Jul '141
Aug '141
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '151
Apr '151
May '150
Jun '150
Jul '151
Aug '150
Sep '150
Oct '154
Nov '151
Dec '150
Jan '160
Feb '160
Mar '161
Apr '160
May '160
Jun '161
Jul '160
Aug '160
Sep '160
Oct '160
Nov '161
Dec '161
Jan '171
Feb '170
Mar '172
Apr '170
May '171
Jun '171
Jul '170
Aug '170
Sep '171
Oct '170
Nov '170
Dec '170
Jan '181
Feb '180
Mar '182
Apr '181
May '181
Jun '181
Jul '181
Aug '180
Sep '182
Oct '180
Nov '181
Dec '180
Jan '190
Feb '191
Mar '190
Apr '192
May '191
Jun '190
Jul '191
Aug '191
Sep '191
Oct '192
Nov '191
Dec '190
Jan '202
Feb '202
Mar '201
Apr '202
May '201
Jun '204
Jul '200
Aug '201
Sep '201
Oct '203
Nov '200
Dec '204
Jan '211
Feb '214
Mar '211
Apr '210
May '213
Jun '213
Jul '213
Aug '210
Sep '213
Oct '212
Nov '210
Dec '211
Jan '220
Feb '220
Mar '221
Apr '222
May '221
Jun '224
Jul '221
Aug '221
Sep '221
Oct '221
Nov '222
Dec '220
Jan '231
Feb '230
Mar '231
Apr '230
May '230
Jun '233
Jul '232
Aug '230
Sep '232
Oct '230
Nov '231
Dec '230
Jan '240
Feb '241
Mar '241
Apr '240
May '242
Jun '241
Jul '241
Aug '241
Sep '245
Oct '242
Nov '240
Dec '242
Jan '253
Feb '251
Mar '250
Apr '250
May '252
Jun '250
Jul '253
Aug '251
Sep '252
Oct '252
Nov '252
Dec '252
Jan '263
Feb '262
Mar '263
Apr '260
May '261
Jun '264
Jul '262
Aug '263
Sep '262
Oct '260

Sector Breakdown

Lakestar: Enterprise Software is the largest displayed sector by deal count (49 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.

Lakestar: Enterprise Software is the largest displayed sector by deal count (49 deals). All available history
SectorDeals
Enterprise Software49
AI & Machine Learning47
Fintech37
Data, Analytics & IT26
Networks, Cloud & Communication26
Transportation & Logistics22
Hardware & Robotics18
Health & Life Sciences18
E-Commerce & Retail17
Space & Frontier Tech13
Cybersecurity & Privacy12
Media & Entertainment12
Professional Services12
Real Estate & Construction10
Developer Tools10
Travel & Hospitality8
Consumer & Lifestyle8
Crypto & Blockchain8
Marketing & Advertising7
Manufacturing7
Gaming & eSports7
Clean Energy & Sustainability6
Government & Defense5
Food & Agriculture5
Social & Community Platforms5
AR/VR3
Education & Workforce1

Deal Size Distribution

Lakestar: 164 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.

Lakestar: 164 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M18
$5M-$10M19
$10M-$25M44
$25M-$50M34
$50M-$100M23
$100M-$250M20
$250M-$500M5
$500M-$1B1
$1B+0

Deals By Geography

Lakestar: Europe has the largest recorded deal count among the displayed regions (115 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

Lakestar: Europe has the largest recorded deal count among the displayed regions (115 deals). All available history
RegionDeals
Europe115
United States44
Vilnius1
Canada1
Australia1
750081
E14 5ab1
Lakestar: 20 co-investors are shown, with HV Capital sharing 16 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

Lakestar: Led accounts for 37% and participating for 63% of round participation.All available history.
Lakestar: Led accounts for 37% and participating for 63% of round participation. All available history
CategoryDeals (count)Share (%)
Led6137%
Participating10363%
Lakestar: Single-lead accounts for 59% and co-led for 41% of lead dynamics.All available history.
Lakestar: Single-lead accounts for 59% and co-led for 41% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead3659%
Co-led2541%

Team

Anja Gradl

Talent Manager

Dr. Klaus Hommels

Founder & CEO

Enrico Mellis

Principal

Mika Salmi

Managing Partner

Ninja Struye de Swielande

Chief Communication Officer

Stephen Nundy

Partner & Chief Technology Officer