The Venture Codex Logo

The Venture Codex

Pale Blue Dot

Monbijougatan 17B, Malmö, Skåne, 21153, Sweden

Overview

Venture capital firm investing in sustainable early-stage startups.

Founded

2020

Deals · 12mo

5

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

France
Germany
Sweden
The Netherlands
...

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

35rounds
NAMEDATESIZE
VARM
Jun 2026Participated
$20 MSeries A
Tangible
Feb 2026Led
$4 MSeed
Overstory
Nov 2025Participated
$43 MSeries B
Nala Earth
Nov 2025Participated
$4 MSeed
PIONIX
Nov 2025Participated
$9 MSeed
Brineworks
Sep 2025Participated
$10 MOther Equity
Solarock
Jul 2025Participated
$8 MOther Equity
Way Data Technologies
May 2025Led
$3 MSeed
Podero
Feb 2025Participated
$6 MSeed
Atlas.co
Nov 2024Led
$2 MSeed
Paebbl
Oct 2024Participated
$25 MSeries A
Brineworks
Sep 2024Led
$2 MOther Equity
VARM
Jun 2026Participated
$20 MSeries A
Tangible
Feb 2026Led
$4 MSeed
Overstory
Nov 2025Participated
$43 MSeries B
Nala Earth
Nov 2025Participated
$4 MSeed
PIONIX
Nov 2025Participated
$9 MSeed
Brineworks
Sep 2025Participated
$10 MOther Equity
Solarock
Jul 2025Participated
$8 MOther Equity
Way Data Technologies
May 2025Led
$3 MSeed
Podero
Feb 2025Participated
$6 MSeed
Atlas.co
Nov 2024Led
$2 MSeed
Paebbl
Oct 2024Participated
$25 MSeries A
Brineworks
Sep 2024Led
$2 MOther Equity
35
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Pale Blue Dot: 35 funding rounds are recorded in the selected participation categories.All available history.
Pale Blue Dot: 35 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed1010
Series A05
Series B01
Other Equity63

Monthly Deal Activity

Pale Blue Dot: 35 deals are recorded across 73 months.All available history.
Pale Blue Dot: 35 deals are recorded across 73 months. All available history
MonthDeals
Oct '201
Nov '201
Dec '200
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '211
Aug '210
Sep '212
Oct '210
Nov '210
Dec '212
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '236
Jun '230
Jul '230
Aug '231
Sep '231
Oct '230
Nov '231
Dec '230
Jan '240
Feb '241
Mar '241
Apr '240
May '240
Jun '241
Jul '241
Aug '240
Sep '241
Oct '241
Nov '241
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '251
Jun '250
Jul '251
Aug '250
Sep '251
Oct '250
Nov '253
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Pale Blue Dot: Clean Energy & Sustainability is the largest displayed sector by deal count (14 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.

Pale Blue Dot: Clean Energy & Sustainability is the largest displayed sector by deal count (14 deals). All available history
SectorDeals
Clean Energy & Sustainability14
Enterprise Software10
Transportation & Logistics8
Data, Analytics & IT6
AI & Machine Learning6
Networks, Cloud & Communication5
Fintech5
Real Estate & Construction4
Space & Frontier Tech4
Food & Agriculture4
Professional Services3
Education & Workforce2
Government & Defense2
Manufacturing2
Health & Life Sciences2
Developer Tools2
Cybersecurity & Privacy1
Media & Entertainment1

Deal Size Distribution

Pale Blue Dot: 35 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.

Pale Blue Dot: 35 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M18
$5M-$10M10
$10M-$25M5
$25M-$50M2
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Pale Blue Dot: Europe has the largest recorded deal count among the displayed regions (28 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Pale Blue Dot: Europe has the largest recorded deal count among the displayed regions (28 deals). All available history
RegionDeals
Europe28
United States5
801112
Pale Blue Dot: 20 co-investors are shown, with Atomico 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.

Pale Blue Dot: 20 co-investors are shown, with Atomico sharing 2 recorded deals. All available history
Co-investorShared deals
Atomico2
Aurum Impact2
B Capital Group2
Blue Wire Capital2
CapitalT2
Convective Capital2
Eka Ventures2
Fifty Years2
MCJ Collective2
Moxxie Ventures2
noa2
Planet A Ventures2
Semapa Next2
Superorganism2
10x Founders1
20501
A*1
A/O1
A100x Ventures1
ABN AMRO1

Investment Strategy

Pale Blue Dot: Led accounts for 46% and participating for 54% of round participation.All available history.
Pale Blue Dot: Led accounts for 46% and participating for 54% of round participation. All available history
CategoryDeals (count)Share (%)
Led1646%
Participating1954%
Pale Blue Dot: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
Pale Blue Dot: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1275%
Co-led425%

Team

Hampus Jakobsson

General Partner

Heidi Lindvall

General Partner

Joel Larsson

General Partner