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The Venture Codex

Overview

Private equity firm investing in Canadian energy sector opportunities.

Founded

2009

Deals · 12mo

0

Stage focus

Seed

Geographic focus

Canada
Spain

Sector focus

—

Investment portfolio

4rounds
NAMEDATESIZE
4AG Robotics
Nov 2023Participated
$18 MOther Equity
StoreToDoor
Mar 2022Participated
$0.98 MSeed
Callia
Apr 2021Participated
$0.88 MSeed
Servicebox
Dec 2020Participated
$0.60 MSeed
4AG Robotics
Nov 2023Participated
$18 MOther Equity
StoreToDoor
Mar 2022Participated
$0.98 MSeed
Callia
Apr 2021Participated
$0.88 MSeed
Servicebox
Dec 2020Participated
$0.60 MSeed
4
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Deal Distribution

Lex Capital: 4 funding rounds are recorded in the selected participation categories.All available history.
Lex Capital: 4 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Other Equity01

Monthly Deal Activity

Lex Capital: 4 deals are recorded across 71 months.All available history.
Lex Capital: 4 deals are recorded across 71 months. All available history
MonthDeals
Dec '201
Jan '210
Feb '210
Mar '210
Apr '211
May '210
Jun '210
Jul '210
Aug '210
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Sector Breakdown

Lex Capital: Enterprise Software is the largest displayed sector by deal count (2 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.

Lex Capital: Enterprise Software is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Enterprise Software2
Networks, Cloud & Communication1
Marketing & Advertising1
Hardware & Robotics1
E-Commerce & Retail1
Space & Frontier Tech1
Transportation & Logistics1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

Lex Capital: 4 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.

Lex Capital: 4 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M0
$10M-$25M1
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Lex Capital: Canada has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Lex Capital: Canada has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
Canada3
Europe1
Lex Capital: 9 co-investors are shown, with Conexus Venture Capital sharing 2 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.

Lex Capital: 9 co-investors are shown, with Conexus Venture Capital sharing 2 recorded deals. All available history
Co-investorShared deals
Conexus Venture Capital2
BDC Capital1
Broad Street Bulls1
Emmertech1
Golden Opportunities Fund1
InBC Investment1
Inverted Ventures1
Jim Richardson Family Office1
Startup TNT1

Investment Strategy

Lex Capital: Led accounts for 0% and participating for 100% of round participation.All available history.
Lex Capital: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating4100%
Lex Capital: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Lex Capital: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Dean Popil

Managing Partner & CEO