The Venture Codex

Participated · Seed · Jul 2026

Founded in 2019, Lissi develops software and a connector suite that enables integration of EUDI Wallets and verifiable credentials into digital services. The company focuses primarily on the financial sector—banks, insurers, payment service providers and trust service providers—making up about 90% of its customer base and including clients such as Commerzbank and itsme. Lissi's platform is designed to be eIDAS-compliant, interoperable across public and private wallets, and deployable within existing IT environments so customers retain control over data. The firm emphasizes support for regulatory compliance, including anticipated impacts from the EU Anti-Money Laundering Regulation, and aims to enable Open Finance use cases via identity wallets. The recent €3.5M financing is intended to accelerate product development, platform deployment and wider adoption across Europe.

Participated · Series A · Feb 2026

Secfix provides an end-to-end security compliance platform that streamlines certifications such as ISO 27001, SOC 2, GDPR, NIS2, DORA, and the EU AI Act. The software automates gap assessments, policy reviews, incident management, access controls, cloud security scanning, penetration testing, and security questionnaires. Layered on top is an AI-native CISO-as-a-Service model that supplies ongoing security leadership and advisory support. By replacing months of manual certification work with automated workflows, Secfix reduces time-to-audit and supports continuous monitoring for growing organisations. Customer feedback and in-house audit expertise inform the product, which now targets mid-market European firms facing escalating regulatory demands. The company plans to use new capital to deepen its AI capabilities and scale its service coverage across additional European markets. Following its oversubscribed $12 million Series A, Secfix is focused on product expansion and regional growth, though it has not disclosed user counts or revenue figures.

Participated · Series B · Apr 2025

TransFICC builds high-performance trading technology that provides a unified API, data centres, IRS and credits eTrading, and a Consolidated Tape to streamline electronic trading across Fixed Income and Derivatives. The platform emphasizes low latency, scalability and resilience to address fragmentation, complex workflows, data throughput and regulation. It launched TransACT (Automated Customer Trading) last year for Credit and is extending coverage to Government Bonds, IRS and Repo. TransFICC hosts client applications and has built data centre hosting in North America, Europe and Asia to reduce latency. The company currently counts 20 market participants and three exchange groups as clients. Financially, TransFICC recently closed a €22.5 million Series B and has raised €45.2 million to date. TransFICC offers a ‘One API for e-trading’ that aggregates connectivity to multiple electronic trading venues and supports a variety of fixed‑income trading workflows. The platform is designed to address fragmentation in fixed income markets by providing a robust, scalable and low‑latency API for banks and asset managers. The company says its API has been implemented at some of the largest fixed‑income trading banks and exchanges; eight banks and two exchanges are already using it. TransFICC plans to expand venue connectivity and automated workflows in U.S. rates and credit markets, targeting products such as U.S. Treasuries, High Yield, Investment Grade, IRS, Repos, Munis, MBS and CDS. The firm is also expanding its product suite toward a complete e‑trading system that will include a trader desktop interface to enable manual trading. Recent financing will fund engineering hires, new product development, office openings in New York and Brussels, and growth of its salesforce. TransFICC is a London-based fintech that provides an API layer for e-trading. Its platform streamlines multiple trading venues and trading activities into a single interface, aiming to address market fragmentation. The company emphasizes low-latency connectivity to handle massive data transfers and price fluctuations common in high-frequency trading. Services are currently geared to the fixed income and derivatives markets, and clients include five global investment banks and one global market data vendor. The new funding will be used to accelerate product development and to secure new clients from an extensive prospect pipeline, according to AlbionVC. Founder Steve Toland says the technology enables trading firms to cut costs and develop hybrid technology stacks combining outsourced and in-house components.

Participated · Seed · Oct 2024

Vamo helps homeowners switch from oil and gas to modern heat pump systems in under 30 days and then monitors and optimizes performance via an internet-connected control room. The company developed HeatOS, a proprietary software that manages the customer journey and the complex supply chain behind installations. Installed units form an interconnected Heat Fleet™ and a smart dispatch network the company says can reduce grid-expansion costs and save billions. Vamo expanded nationwide from its Cologne base within six months and now manages hundreds of smart heat pumps across all 16 German federal states, growing sixfold year‑over‑year. Financially, Vamo has expanded its seed round to more than €10 million after an initial €3 million in 2023. The new capital will be used to build the Vamo brand in green heating, scale its national partner network, and further develop its digital service offering. Vamo, founded in 2022 by Laurenz Ohlig, Falk Hantl and Jan Ossenbrink, develops and delivers turnkey heat-pump systems and related services. The team supports customers through planning, installation and maintenance and generates revenue via sales, rentals and services for intelligent system operation. The founders developed the idea during studies and an exchange in Copenhagen and bring prior startup experience. Vamo says it has a detailed plan through 2027 to scale operations and further optimize its installation process. A near-term operational target is to be able to replace an old gas or oil heater with an efficient heat pump within 2.5 days. The company highlights the need to install heat pumps roughly ten times faster to meet climate goals and reduce dependence on gas and oil.

Participated · Series A · Jun 2024

Founded in 2021, Bling offers a family-focused digital platform that combines pocket-money payments, investing features, task and shopping planners, and family-friendly mobile communications. The company emphasizes financial and media literacy through simple visualisations and educational content in-app and on social media. In 2022 Bling launched a pocket money card and accompanying app and has since evolved into a holistic B2B2C platform via partnerships with firms including Société Générale and Evergreen. In February 2024 Bling added "Bling Mobile" family-friendly phone plans in collaboration with Telekom. The product mix is aimed at both direct consumers and partners who want access to the family target group. To date the company has raised more than $15 million. Bling is a Berlin fintech founded in 2021 that provides a family-focused account solution with a prepaid Mastercard and companion app aimed at teenagers and parents. The product includes a family planner and other features to simplify household finance management. This summer Bling launched "Sparbäume," a family-friendly investing feature that lets users invest from as little as one euro. Although live for just over a year, the company reports tens of thousands of family users and has grown to about 30 employees. Bling operates a subscription model—founders say all families have a paid subscription—which the team cites as driving low acquisition costs, viral growth and quick ROI. Early operational challenges included a global chip shortage that temporarily disrupted card supply; the company says it is now better prepared. Management plans to roll out additional features and products in the coming months to further support family financial literacy. Bling offers a finance platform aimed specifically at families, with parents creating a family account, receiving a card and setting up child accounts. The product includes educational modules for parents and children, a child payment card, chore-based allowances, customizable cards, savings pots and early investment plans. Families and the wider community can join via links to contribute to savings and manage household spending, creating network effects that the company says helped growth. The startup reports 10,000+ children using a Bling Card as their first personal payment experience six months after launch. Its business model combines direct subscriptions, transaction and product fees, and partnerships (initially mobile phone plans and insurance). Bling omits KYC for first sub-€150 amounts and positions itself against a large German pocket-money and household-spend opportunity cited in the article.