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The Venture Codex

Level2 Ventures

De Boelelaan 7, Amsterdam, Noord-Holland, 1083HJ, The Netherlands

Overview

A venture capital fund operating in the CEE region since 2021 investing in technology startups in the areas of AI, Blockchain, autonomous solutions, process automation and renewable energy at Seed and Round A stages. The fund intends to allocate between €250,000 and €1. 5 million per investment. It has a capital of €30 million. Investments in startups are made in a non-standard formula of a complete environment including a wide range of support in the areas of strategy, management, operations, marketing, HR and IT as part of the Development4Startups Program. Founded and run by experienced ICT CEOs Adam Rudowski and Piotr Pawlowski. http://level2.vc/

Total investments
5
Lead investments
1
Investments · 12mo
0
Active investors
1

Sector focus

  • Venture Capital
Visit website

Investment portfolio

  • DBR77 Robotics

    Participated · Seed · Apr 2025

    DBR77 Robotics is a Polish industrialtech startup whose platform integrates IoT sensors, digital twin technology, and a robotics marketplace to optimize manufacturing and logistics operations. The product enables real-time data collection, process simulation, and automation, combining a digital twin and IoT system delivered via SaaS subscriptions. Its marketplace connects manufacturers with robotics suppliers such as Fanuc, KUKA, Yaskawa, ABB, and Mitsubishi Electric and generates commission revenue. The company combines subscription SaaS fees with marketplace commissions as its business model. DBR77 closed a €3.5M Seed round to support international growth and technology development. The proceeds will fund a "GO GLOBAL" strategy targeting Western Europe and the U.S., enhancing AI capabilities, integrating with IoT systems, and commercialising the Digital Twin. The company has established subsidiaries in Berlin and Pittsburgh to spearhead expansion in the DACH region and North America.

  • CTHINGS.CO

    Participated · Equity · Oct 2023

    Founded in 2020, CTHINGS.CO builds the Orchestra platform to help enterprises remotely manage, monitor, automate, and secure distributed IoT and edge infrastructure. Its offering targets customers and integrators in logistics, energy, Industry 4.0, smart critical infrastructure, and telecom operators, with partners including ASUS IoT, Deutsche Telekom, and Wirepas. The company operates a hybrid hardware-plus-SaaS business model and reported a 17x year-over-year revenue increase. Team size is reported at 11–50 employees, and it has secured early flagship customers in North America. CTHINGS.CO has participated in industry events and pilots such as the Data Center World Innovation Challenge and a Wirepas NR+ interoperability deployment at Mobile World Congress. The company plans to use recent funding to expand sales and partnerships in North America and further develop its Orchestra platform.

  • Move AI

    Participated · Seed · Oct 2023

    Move AI builds a smartphone app that converts standard 2D video into 3D motion-capture models using proprietary AI. The app supports two to six iOS cameras (with an experimental Android mode) and the company is developing Move One, a single-camera app now in invitation-only beta with a public launch planned later this year. Move AI has changed its sign-up process to require team-led onboarding and introduced Move Pro custom subscription pricing. The company positions its technology as a markerless alternative to traditional, marker-based motion-capture systems and aims to dramatically reduce cost and broaden access for creators. Move AI intends to use new funding to double down on development and make 3D animation more accessible, according to CEO Tino Millar. The article notes the company is UK-based and four years old and does not disclose revenue or user metrics.

  • SunRoof

    Participated · Equity · Sep 2022

    SunRoof designs and sells building-integrated photovoltaic (BIPV) roofs that serve as both the roof material and solar collector. The company says its solar roofs are more productive per roof surface, have a lower CO2 footprint, and use fewer resources and materials than traditional roof-plus-PV installations. SunRoof provides an end-to-end energy management offering, including collection and storage capabilities. Unlike many Berlin-based panel-rental startups, SunRoof is a pure sell business and says its pricing is competitive and cheaper than a roof plus photovoltaic installation. The company intends to use new funding to bolster sales and production in its key markets of Sweden, Germany, and Poland. CEO and co-founder Lech Kaniuk frames the business as contributing to urgent energy transition and future clean energy infrastructure. SunRoof develops integrated 2‑in‑1 solar roofs and glass façades that generate electricity without traditional photovoltaic modules and are monitored via its energy app. The company acquired Redlogger in 2020 and plans to use its network of solar homes to create a virtual power plant and energy marketplace. SunRoof has grown more than 500% year‑on‑year and says it is on track for a €100M valuation by the end of 2021. The startup will use new funding to expand into Sweden, Germany, Poland, Switzerland, Italy, Spain and pilot projects in the US, and to hire 100+ people in 2021. It is working with the EU Green Deal and Poland’s National Recovery Plan and has begun accepting Bitcoin as a payment option. Founded in 2013 by Karol Kaniuk, Lech Kaniuk, Marek Zmysłowski and Rafał Plutecki, SunRoof aims to compete with incumbents such as Tesla Energy by emphasizing partnerships and an open ecosystem. SunRoof develops integrated solar two-in-one roofs and accompanying software for smart energy management. The company aims to replace traditional roofs with a modern-design solar roof that produces electricity without installing separate photovoltaic panels. It plans to launch an ecommerce platform to sell surplus energy generated by its panels, starting in the Polish market, and to expand into new European markets. SunRoof completed its first VC financing — a nearly €2 million late seed round — and investors say the company has strong regional potential. In August the startup acquired Redlogger, a Swedish firm that developed hardware and software to support renewable energy producers. Founded in Sweden in 2013, SunRoof spent its early years building and testing proprietary technology and gained momentum in late 2018 after adding seasoned entrepreneurs to the team.

  • DoxyChain

    Led · Seed · Sep 2022

    DoxyChain builds infrastructure that blends traditional document frontends with Web 3.0 features to improve security, transparency, and workflow automation. The company is developing a modular platform that lets clients create tailored advanced workflows and smart-contract–driven process automation. In October the firm plans to launch DoxyCert, a toolkit for issuing blockchain certificates (including NFTs) as proof of authenticity or ownership, and DoxyConnect, a blockchain-built data-room for secure document exchange. The startup says its economic value centers on process automation via smart contracts so developers can focus on UX while DoxyChain handles decentralization and automation. DoxyChain raised fresh capital to accelerate product development and support expansion into European and U.S. markets.

Team

  • Adam Rudowski

    Founder & General Partner

    LinkedIn