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The Venture Codex

Overview

Technology growth fund supporting Africa's next tech giants.

Founded

2016

Deals ยท 12mo

4

Stage focus

Seed
Series A
Series B

Geographic focus

Canada
Egypt
Kenya
Singapore
...

Sector focus

Funding Platform
Venture Capital

Investment portfolio

14rounds
NAMEDATESIZE
ARC Ride
Sep 2026Led
$23 MSeries A
Shiprazor
Apr 2026Led
$3 MSeed
Lua
Apr 2026Led
$6 MSeed
Orca Fraud
Mar 2026Led
$2 MSeed
Stitch
Apr 2025Led
$55 MSeries B
Taager
Feb 2025Led
$7 MSeries B
Raenest
Feb 2025Participated
$11 MSeries A
Workpay
Aug 2024Led
$5 MSeries A
Nala
Jul 2024Participated
$40 MSeries A
Orca Fraud
May 2024Led
$0.55 MSeed
TymeBank
May 2023Led
$78 MSeries C
Tyme
May 2023Participated
$78 MSeries C
ARC Ride
Sep 2026Led
$23 MSeries A
Shiprazor
Apr 2026Led
$3 MSeed
Lua
Apr 2026Led
$6 MSeed
Orca Fraud
Mar 2026Led
$2 MSeed
Stitch
Apr 2025Led
$55 MSeries B
Taager
Feb 2025Led
$7 MSeries B
Raenest
Feb 2025Participated
$11 MSeries A
Workpay
Aug 2024Led
$5 MSeries A
Nala
Jul 2024Participated
$40 MSeries A
Orca Fraud
May 2024Led
$0.55 MSeed
TymeBank
May 2023Led
$78 MSeries C
Tyme
May 2023Participated
$78 MSeries C
14
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Norrsken22: 14 funding rounds are recorded in the selected participation categories.All available history.
Norrsken22: 14 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed40
Series A22
Series B31
Series C+11

Monthly Deal Activity

Norrsken22: 14 deals are recorded across 45 months.All available history.
Norrsken22: 14 deals are recorded across 45 months. All available history
MonthDeals
Feb '231
Mar '230
Apr '230
May '233
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '241
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '252
Mar '250
Apr '251
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '262
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Norrsken22: Fintech 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.

Norrsken22: Fintech is the largest displayed sector by deal count (7 deals). All available history
SectorDeals
Fintech7
Professional Services4
Enterprise Software3
Cybersecurity & Privacy3
Transportation & Logistics3
Networks, Cloud & Communication1
E-Commerce & Retail1
Health & Life Sciences1
AI & Machine Learning1
Clean Energy & Sustainability1
Developer Tools1

Deal Size Distribution

Norrsken22: 14 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.

Norrsken22: 14 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M3
$5M-$10M3
$10M-$25M3
$25M-$50M2
$50M-$100M3
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Norrsken22: South Africa has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

Norrsken22: South Africa has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
South Africa5
United States3
Kenya2
Europe1
Singapore1
Egypt1
Canada1
Norrsken22: 20 co-investors are shown, with Blue Earth 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.

Investment Strategy

Norrsken22: Led accounts for 71% and participating for 29% of round participation.All available history.
Norrsken22: Led accounts for 71% and participating for 29% of round participation. All available history
CategoryDeals (count)Share (%)
Led1071%
Participating429%
Norrsken22: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
Norrsken22: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead660%
Co-led440%

Team