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The Venture Codex

Overview

Venture investment and innovation arm for energy sector.

Founded

2018

Deals ยท 12mo

7

Stage focus

Series A
Series B

Geographic focus

United Kingdom
United States

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

64rounds
NAMEDATESIZE
Joulent
Jul 2026Led
$1.8 BOther Equity
Captura
Jun 2026Participated
$13 MSeries B
Gridcare
May 2026Participated
$64 MSeries A
VulnCheck
Feb 2026Participated
$25 MSeries B
Nu Quantum
Dec 2025Led
$60 MSeries A
Emerald AI
Nov 2025Participated
$18 MSeed
Uniphore
Oct 2025Participated
$260 MSeries F
Omnidian
Apr 2025Participated
$87 MOther Equity
Luminance
Feb 2025Participated
$75 MSeries C
VEIR
Jan 2025Participated
$75 MSeries B
Urbint
Oct 2024Participated
$35 MOther Equity
Luminance
Sep 2024Participated
$40 MSeries B
Joulent
Jul 2026Led
$1.8 BOther Equity
Captura
Jun 2026Participated
$13 MSeries B
Gridcare
May 2026Participated
$64 MSeries A
VulnCheck
Feb 2026Participated
$25 MSeries B
Nu Quantum
Dec 2025Led
$60 MSeries A
Emerald AI
Nov 2025Participated
$18 MSeed
Uniphore
Oct 2025Participated
$260 MSeries F
Omnidian
Apr 2025Participated
$87 MOther Equity
Luminance
Feb 2025Participated
$75 MSeries C
VEIR
Jan 2025Participated
$75 MSeries B
Urbint
Oct 2024Participated
$35 MOther Equity
Luminance
Sep 2024Participated
$40 MSeries B
64
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Insights

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Deal Distribution

National Grid Partners: 64 funding rounds are recorded in the selected participation categories.All available history.
National Grid Partners: 64 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed14
Series A38
Series B418
Series C+310
Other Equity48
Debt01

Monthly Deal Activity

National Grid Partners: 64 deals are recorded across 118 months.All available history.
National Grid Partners: 64 deals are recorded across 118 months. All available history
MonthDeals
Jan '171
Feb '171
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '181
Oct '180
Nov '181
Dec '180
Jan '191
Feb '190
Mar '190
Apr '191
May '190
Jun '192
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '191
Jan '201
Feb '200
Mar '200
Apr '200
May '200
Jun '203
Jul '200
Aug '200
Sep '200
Oct '202
Nov '200
Dec '201
Jan '211
Feb '210
Mar '212
Apr '212
May '211
Jun '211
Jul '210
Aug '212
Sep '211
Oct '214
Nov '211
Dec '210
Jan '222
Feb '221
Mar '221
Apr '220
May '220
Jun '220
Jul '221
Aug '221
Sep '221
Oct '221
Nov '220
Dec '220
Jan '231
Feb '231
Mar '231
Apr '230
May '232
Jun '231
Jul '232
Aug '231
Sep '230
Oct '231
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '241
Sep '241
Oct '241
Nov '240
Dec '240
Jan '251
Feb '251
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '251
Dec '251
Jan '260
Feb '261
Mar '260
Apr '260
May '261
Jun '261
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

National Grid Partners: Enterprise Software is the largest displayed sector by deal count (29 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.

National Grid Partners: Enterprise Software is the largest displayed sector by deal count (29 deals). All available history
SectorDeals
Enterprise Software29
Clean Energy & Sustainability24
AI & Machine Learning23
Networks, Cloud & Communication19
Data, Analytics & IT16
Cybersecurity & Privacy13
Real Estate & Construction8
Professional Services8
Hardware & Robotics7
Government & Defense4
Transportation & Logistics4
E-Commerce & Retail3
AR/VR2
Space & Frontier Tech2
Fintech2
Crypto & Blockchain1
Manufacturing1
Media & Entertainment1

Deal Size Distribution

National Grid Partners: 64 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.

National Grid Partners: 64 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M7
$10M-$25M18
$25M-$50M17
$50M-$100M12
$100M-$250M5
$250M-$500M2
$500M-$1B0
$1B+1

Deals By Geography

National Grid Partners: United States has the largest recorded deal count among the displayed regions (52 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

National Grid Partners: United States has the largest recorded deal count among the displayed regions (52 deals). All available history
RegionDeals
United States52
Europe8
Israel3
Canada1
National Grid Partners: 20 co-investors are shown, with Blue Bear Capital sharing 7 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

National Grid Partners: Led accounts for 23% and participating for 77% of round participation.All available history.
National Grid Partners: Led accounts for 23% and participating for 77% of round participation. All available history
CategoryDeals (count)Share (%)
Led1523%
Participating4977%
National Grid Partners: Single-lead accounts for 73% and co-led for 27% of lead dynamics.All available history.
National Grid Partners: Single-lead accounts for 73% and co-led for 27% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1173%
Co-led427%

Team

Deborah Pontes

Enterprise Agile Coach

Melissa A. Lavinson

Head of Corporate Affairs, New England

Patrick Walsh

Director, Investor, General Partner

Raghuram Madabushi

DirectorDirector

Robert Catell

Chairman US

Sanjeev Arora

Director of IT

Travis Glazier

Lead Program Manager

Zoe Yujnovich

Chief Executive Officer