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The Venture Codex

Nebular

80 Broad Street Regus cc, New York, 10004, United States

Overview

Early-stage venture capital firm.

Founded

2023

Deals · 12mo

5

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Denmark
Germany
United States

Sector focus

—

Investment portfolio

15rounds
NAMEDATESIZE
Oratomic
Jul 2026Participated
$300 MSeries A
Crewline AI
Apr 2026Led
$7 MSeed
Starcloud (Lumen Orbit)
Mar 2026Participated
$170 MSeries A
Seamflow
Feb 2026Participated
$5 MSeed
Project Eleven
Jan 2026Participated
$20 MSeries A
Onos Health
Oct 2025Participated
$6 MSeed
praxipal
Oct 2025Participated
$7 MSeed
Icarus
Sep 2025Participated
$6 MSeed
Teton
Sep 2025Participated
$20 MSeries A
Project Eleven
Jun 2025Participated
$6 MSeed
Amperos Health
Jun 2025Led
$4 MSeed
Paper
Feb 2025Participated
$4 MSeed
Oratomic
Jul 2026Participated
$300 MSeries A
Crewline AI
Apr 2026Led
$7 MSeed
Starcloud (Lumen Orbit)
Mar 2026Participated
$170 MSeries A
Seamflow
Feb 2026Participated
$5 MSeed
Project Eleven
Jan 2026Participated
$20 MSeries A
Onos Health
Oct 2025Participated
$6 MSeed
praxipal
Oct 2025Participated
$7 MSeed
Icarus
Sep 2025Participated
$6 MSeed
Teton
Sep 2025Participated
$20 MSeries A
Project Eleven
Jun 2025Participated
$6 MSeed
Amperos Health
Jun 2025Led
$4 MSeed
Paper
Feb 2025Participated
$4 MSeed
15
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Insights

Time horizon

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Deal Distribution

Nebular: 15 funding rounds are recorded in the selected participation categories.All available history.
Nebular: 15 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed29
Series A04

Monthly Deal Activity

Nebular: 15 deals are recorded across 32 months.All available history.
Nebular: 15 deals are recorded across 32 months. All available history
MonthDeals
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '250
Feb '252
Mar '250
Apr '250
May '250
Jun '252
Jul '250
Aug '250
Sep '252
Oct '252
Nov '250
Dec '250
Jan '261
Feb '261
Mar '261
Apr '261
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Nebular: AI & Machine Learning is the largest displayed sector by deal count (9 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.

Nebular: AI & Machine Learning is the largest displayed sector by deal count (9 deals). All available history
SectorDeals
AI & Machine Learning9
Enterprise Software5
Space & Frontier Tech5
Networks, Cloud & Communication4
Health & Life Sciences4
Data, Analytics & IT3
Manufacturing3
Consumer & Lifestyle2
Hardware & Robotics2
Real Estate & Construction1
Transportation & Logistics1
Marketing & Advertising1
Fintech1
Professional Services1
Developer Tools1

Deal Size Distribution

Nebular: 15 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.

Nebular: 15 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M5
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M1
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Nebular: United States has the largest recorded deal count among the displayed regions (13 deals).All available history.

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

Nebular: United States has the largest recorded deal count among the displayed regions (13 deals). All available history
RegionDeals
United States13
Europe2
Nebular: 20 co-investors are shown, with Formation VC sharing 3 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.

Nebular: 20 co-investors are shown, with Formation VC sharing 3 recorded deals. All available history
Co-investorShared deals
Formation VC3
Tiny VC3
Castle Island Ventures2
Entrepreneur First2
Initialized Capital2
Quantonation2
Soma Capital2
Variant2
3C AGI Partners1
7i Capital1
Accel1
Adjacent1
Anamcara1
Angel Invest1
Antler1
ARCH Venture Partners1
Bain Capital1
Base Case Capital1
Begin Capital1
Benchmark Capital1

Investment Strategy

Nebular: Led accounts for 13% and participating for 87% of round participation.All available history.
Nebular: Led accounts for 13% and participating for 87% of round participation. All available history
CategoryDeals (count)Share (%)
Led213%
Participating1387%
Nebular: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Nebular: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led2100%

Team

Finn Murphy

Investor