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The Venture Codex

Overview

Climate tech venture finance firm focused on early-stage decarbonization.

Founded

2023

Deals · 12mo

2

Stage focus

Seed
Series A
Series B

Geographic focus

United States

Sector focus

—

Investment portfolio

10rounds
NAMEDATESIZE
Riven Systems
Aug 2026Led
$8 MSeed
Hephae Energy Technology
Jul 2026Participated
$18 MSeries A
Pearl Edison
Aug 2025Led
$3 MSeed
Crux
Apr 2025Participated
$50 MSeries B
MetOx Technologies
Nov 2024Participated
$15 MSeries B
RedoxBlox
Nov 2024Participated
$41 MSeries A
MetOx Technologies
Sep 2024Led
$25 MSeries B
Eli
Mar 2024Participated
$7 MSeed
Crux
Jan 2024Participated
$18 MSeries A
Crux
Jun 2023Participated
$4 MSeed
Riven Systems
Aug 2026Led
$8 MSeed
Hephae Energy Technology
Jul 2026Participated
$18 MSeries A
Pearl Edison
Aug 2025Led
$3 MSeed
Crux
Apr 2025Participated
$50 MSeries B
MetOx Technologies
Nov 2024Participated
$15 MSeries B
RedoxBlox
Nov 2024Participated
$41 MSeries A
MetOx Technologies
Sep 2024Led
$25 MSeries B
Eli
Mar 2024Participated
$7 MSeed
Crux
Jan 2024Participated
$18 MSeries A
Crux
Jun 2023Participated
$4 MSeed
10
Items
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Insights

Time horizon

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Deal Distribution

New System Ventures: 10 funding rounds are recorded in the selected participation categories.All available history.
New System Ventures: 10 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed22
Series A03
Series B12

Monthly Deal Activity

New System Ventures: 10 deals are recorded across 41 months.All available history.
New System Ventures: 10 deals are recorded across 41 months. All available history
MonthDeals
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '241
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '242
Dec '240
Jan '250
Feb '250
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '251
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

New System Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (7 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.

New System Ventures: Clean Energy & Sustainability is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Clean Energy & Sustainability7
Manufacturing6
Fintech3
Networks, Cloud & Communication2
Enterprise Software1
Health & Life Sciences1
E-Commerce & Retail1
AI & Machine Learning1
Space & Frontier Tech1

Deal Size Distribution

New System Ventures: 10 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.

New System Ventures: 10 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M2
$10M-$25M3
$25M-$50M2
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

New System Ventures: United States has the largest recorded deal count among the displayed regions (10 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

New System Ventures: United States has the largest recorded deal count among the displayed regions (10 deals). All available history
RegionDeals
United States10
New System Ventures: 20 co-investors are shown, with Lowercarbon Capital sharing 4 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

New System Ventures: Led accounts for 30% and participating for 70% of round participation.All available history.
New System Ventures: Led accounts for 30% and participating for 70% of round participation. All available history
CategoryDeals (count)Share (%)
Led330%
Participating770%
New System Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
New System Ventures: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led3100%

Team